Sanjay Kumar Popli declares 26.81% stake in Victory Electric Vehicles

0 min read     Updated on 04 Jun 2026, 06:06 AM
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Sanjay Kumar Popli disclosed a 26.81% stake in Victory Electric Vehicles International, holding 64,60,000 equity shares as of FY26. The shares are free from encumbrances, with no pledges or liens created during the year.

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Sanjay Kumar Popli has declared a substantial shareholding of 26.81% in Victory Electric Vehicles International for the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Limited, confirms that Popli holds 64,60,000 equity shares, representing a significant portion of the company's total paid-up equity share capital.

The declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires individuals holding substantial stakes to disclose their holdings and the status of those shares to the stock exchanges.

Popli confirmed that the shares held are free from any encumbrance. Furthermore, he stated that no pledge, lien, or non-disposal undertaking was created, directly or indirectly, on the said shares during the financial year ended March 31, 2026, except as previously disclosed.

The following table details the shareholding disclosed:

Shareholder Shares Held Percentage of Paid-up Capital
Sanjay Kumar Popli 64,60,000 26.81%

The declaration, dated April 6, 2026, was submitted from Delhi for the exchange's records.

Historical Stock Returns for Victory Electric Vehicles International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%+6.63%+19.35%-43.51%-43.51%-43.51%

Will this substantial shareholding trigger any changes in the company's board composition or governance structure?

Could Popli's increased stake signal potential strategic shifts or new business directions for Victory Electric Vehicles?

How might the market react to this disclosure in terms of stock price or investor sentiment?

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Seema holds 36.28% stake in Victory Electric Vehicles International

0 min read     Updated on 04 Jun 2026, 06:05 AM
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Seema declared a 36.28% stake in Victory Electric Vehicles International, holding 87,40,000 shares free from encumbrance as of March 31, 2026. No pledges or liens were created during FY26. The disclosure complies with SEBI takeover regulations.

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Seema has disclosed a shareholding of 87,40,000 equity shares in Victory Electric Vehicles International , representing 36.28% of the total paid-up equity share capital. The declaration confirms that the shares are free from any encumbrance as of the financial year ended March 31, 2026.

The disclosure was submitted to the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Seema confirmed that no pledge, lien, or non-disposal undertaking was created on the shares during the specified financial year, except as previously disclosed.

Shareholding Details

Shareholder Shares Held Percentage of Paid-up Capital
Seema 87,40,000 36.28%

The declaration, dated April 6, 2026, was furnished from Delhi to satisfy regulatory requirements and maintain transparency regarding substantial shareholding.

Historical Stock Returns for Victory Electric Vehicles International

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%+6.63%+19.35%-43.51%-43.51%-43.51%

How might Seema's substantial 36.28% stake influence future strategic decisions or board composition at Victory Electric Vehicles?

Could this unencumbered shareholding position Seema for potential acquisition offers or further stake increases in the near term?

What impact will this disclosure have on investor confidence and trading volumes for Victory Electric Vehicles on the National Stock Exchange?

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1 Year Returns:-43.51%