PVR INOX announced that Ajay Kumar Bijli, a promoter, released the encumbrance on 250,630 equity shares, representing 0.26% of the company’s total share capital. This release occurred on October 30, 2025. The shares were pledged with Infina Finance Private Limited for personal borrowing. After the release, the total encumbered shares held by the promoter stand at 22,93,370, or 2.34% of the total share capital.
Details of Encumbrance Release
Ajay Kumar Bijli, a promoter of PVR INOX, has released an encumbrance on 250,630 equity shares, representing 0.26% of the company’s total share capital. The release was executed on October 30, 2025.
Shares Previously Encumbered
Prior to this release, the promoter held 25,44,000 shares, equivalent to 2.59% of the total share capital, under encumbrance. Following the release, the number of encumbered shares has decreased to 22,93,370 shares, which is now 2.34% of the total share capital.
Reason for Encumbrance and Release
The encumbrance was initially created by way of pledge with Infina Finance Private Limited for the purpose of personal borrowing. The recent transaction represents the release of this pledge.
Promoter Holding After Release
After this release, Ajay Kumar Bijli’s total holding in PVR INOX remains at 54,47,205 shares, or 5.55% of the total share capital. The reduction only concerns the number of shares under encumbrance, not his total ownership.
Source: BSE
