Ricon Commodities Private Limited, a promoter group entity of v2 retail , has disclosed the creation of a pledge on 33,50,000 equity shares in favor of Infina Finance (P) Ltd. The disclosure was made under Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Transaction Details

The pledge creation represents a significant corporate action involving V2 Retail's equity shares. The transaction details are summarized below:

Promoter Holdings Overview

Ricon Commodities Private Limited maintains a substantial stake in V2 Retail Limited as part of the promoter group. The company's current shareholding pattern shows significant promoter involvement:

Regulatory Compliance

The disclosure was formally communicated to both major stock exchanges where V2 Retail shares are listed - BSE Limited and National Stock Exchange of India Limited. The communication, dated March 31, 2026, was signed by Ram Chandra Agarwal, Director of Ricon Commodities Private Limited (DIN: 00491885).

Company Information

Ricon Commodities Private Limited is registered in West Bengal with CIN: U51909WB1995PTC070911. The company's registered office is located at Aquatica Kouchpukur, PO-Hatgachia PS-Kolkata, Leather Complex 24-Parganas (South) Kolkata, West Bengal. This pledge creation follows standard corporate financing practices and regulatory disclosure requirements under SEBI guidelines.

Motilal Oswal Mutual Fund schemes have increased their collective shareholding in v2 retail through a strategic acquisition, as disclosed in a regulatory filing under SEBI's substantial acquisition framework. The transaction represents a measured increase in the mutual fund's exposure to the retail sector company.

Acquisition Details

The mutual fund schemes acquired 14,426 shares of V2 Retail Ltd through market transactions executed on March 12, 2026. This acquisition increased their collective holding from 25,67,169 shares to 25,81,527 shares, representing a percentage increase from 7.0403% to 7.0797% of the company's total share capital.

Participating Schemes

The acquisition was undertaken by seven schemes under the Motilal Oswal Mutual Fund umbrella, demonstrating diversified participation across different investment strategies:

• Motilal Oswal Large and Midcap Fund
• Motilal Oswal Nifty Microcap 250 Index Fund
• Motilal Oswal Small Cap Fund
• Motilal Oswal Services Fund
• Motilal Oswal BSE 1000 Index Fund
• Motilal Oswal Special Opportunities Fund
• Motilal Oswal Consumption Fund

Company Profile

V2 Retail Ltd maintains listings on both major Indian stock exchanges - BSE Limited and National Stock Exchange of India Limited. The company's equity share capital stands at 3,64,63,755 shares with a face value of Rs. 10.00 each, which remained unchanged following this acquisition.

Regulatory Compliance

The disclosure was filed by Aparna Karmase, Head of Compliance, Legal and Secretarial at Motilal Oswal Asset Management Company Limited, on March 17, 2026. The filing confirms that the acquiring entities do not belong to the promoter or promoter group of V2 Retail Ltd, maintaining their status as institutional investors.

This acquisition reflects the mutual fund's continued confidence in V2 Retail Ltd's business prospects while maintaining compliance with regulatory disclosure requirements for substantial shareholding changes.