Ricon Commodities Private Limited, a part of the promoter group of V2 Retail Limited, has pledged 3,350,000 equity shares of the company. The pledge was created in favor of Infina Finance (P) Ltd. on March 30, 2026. This transaction represents 0.91% of the total share capital of the company. The disclosure ensures transparency regarding the encumbrance of shares held by the promoter entity.
Details of Share Encumbrance
As per the latest regulatory filing, Ricon Commodities Private Limited has formally created a pledge on its shareholding in V2 Retail Limited. The total number of shares placed under this encumbrance is 3,350,000. This action took effect on March 30, 2026, involving a pledge agreement with Infina Finance (P) Ltd.
Impact on Promoter Holding
Following this transaction, the total number of encumbered shares for Ricon Commodities Private Limited stands at 3,350,000, which accounts for 0.91% of the company’s total equity share capital. Prior to this event, the promoter group entity held 128,627,100 shares, representing 35.28% of the total share capital of V2 Retail Limited. This disclosure reflects the current status of promoter holdings and the strategic financial arrangements undertaken by the promoter group.
Source: BSE
