Virat Industries Ltd has issued a formal response to BSE Limited regarding inquiries about recent movements in its share price, attributing the fluctuations to market-driven factors rather than any undisclosed company-specific information.

BSE Surveillance Inquiry Details

The company responded to BSE's surveillance department inquiry through a letter dated April 10, 2026. The exchange had sought clarification through email reference number L/SURV/ONL/PV/APJ/2026-2027/3615 dated April 9, 2026, questioning the recent price movements in the company's equity shares.

Company's Official Position

Virat Industries emphasized its consistent compliance with disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that all material information and events affecting its operations or performance have been disclosed to the stock exchange within prescribed timelines.

The management clarified that no unpublished price sensitive information or impending announcements exist that could influence the share price movement. Company Secretary and Compliance Officer Shreeya Mahendra Jadav signed the response, confirming the company's position on the matter.

Market Movement Attribution

According to the company's response, the observed share price movements appear to be purely market-driven and influenced by general market conditions. Virat Industries explicitly stated that it has no connection with the price fluctuations, suggesting external market forces as the primary drivers.

The response was digitally signed on April 10, 2026, at 15:34:28 +05'30', demonstrating the company's prompt attention to regulatory inquiries and commitment to transparency in its communications with stock exchange authorities.

Virat Industries Limited has filed its annual disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the year ended March 31, 2026. The disclosure was submitted to BSE Limited on April 3, 2026, providing transparency regarding promoter shareholdings and encumbrances.

Promoter Group Holdings

The disclosure reveals the detailed shareholding pattern of the promoter group as of March 31, 2026:

Bhavook Chandraprakash Tripathi holds the largest individual stake with 96,00,020 equity shares, representing 66.10% of the company's total shareholding. The combined promoter group holding stands at 1,08,27,270 shares, accounting for 74.55% of the total equity.

Encumbrance Declaration

The promoter group has declared that no encumbrances were created on their shareholdings during the financial year ended March 2026. As of March 31, 2026, the promoter group maintains zero encumbrances on their equity holdings. This declaration provides clarity on the unencumbered nature of the promoter stakes in the company.

Regulatory Compliance

The annual disclosure was signed by Bhavook Tripathi on behalf of all promoters and promoter groups of Virat Industries Limited. The submission to BSE Limited was made through the company's Managing Director, Adi F Madan, ensuring compliance with SEBI regulations. The disclosure demonstrates the company's commitment to maintaining transparency in shareholding patterns and regulatory adherence.

Company Information

Virat Industries Limited operates from its registered office and factory located at A-1/2 GIDC Industrial Estate, Kabilpore, Navsari, Gujarat. The company maintains its corporate head office at Bajaj Bhavan, Nariman Point, Mumbai, and trades on BSE with scrip code 530521.