Promoters of Viviana Power Tech Limited, Mrs. Priyanka Choksi and Mr. Richi Choksi, acquired 10,843 equity shares collectively through open market transactions on June 19, 2026. The disclosure was submitted to the National Stock Exchange of India Limited in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Mrs. Priyanka Choksi purchased 8,742 shares, increasing her total holding to 207,342 shares, which represents 2.05% of the company's total voting capital. Mr. Richi Choksi acquired 2,101 shares, raising his stake to 200,501 shares, or 1.98% of the total voting capital. Both acquirers are classified as promoters belonging to the promoter group.

The transactions were executed on the open market, and the total equity share capital of the company remains unchanged at 1,01,24,800 shares. The disclosures were signed by the acquirers and submitted by Kavaljit Parmar, Company Secretary of Viviana Power Tech Limited.

Shareholding Details

The following table outlines the changes in shareholding for the promoters following the acquisition:

The company's equity share capital and total diluted share voting capital stand at 1,01,24,800 shares. There are no warrants or convertible securities outstanding that would impact the diluted capital figures.

Viviana Power Tech has announced a strategic expansion into power equipment manufacturing with a greenfield facility near Vadodara. The company targets the production of transformers up to 400 KV by the end of FY28, marking its transformation from a pure-play EPC contractor to a vertically integrated power transmission and distribution platform. This initiative is supported by a record consolidated turnover of ₹533 crore in FY26 and a robust order book exceeding ₹1,000 crore.

Manufacturing Expansion Strategy

The proposed multi-product facility will be established on 14 acres of land in the Vadodara district. The project involves a capital expenditure of ₹100 crore and is designed to scale manufacturing capabilities progressively. The roadmap includes increasing transformer rating capacity to 20 MVA by FY26-27 and establishing a world-class 220 kV class power transformer unit that will be expanded to 400 kV in phases. The facility is expected to commence production by the end of FY28.

FY26 Financial Performance

Viviana Power Tech reported significant financial growth in FY26, driven by strong execution in the power transmission and distribution sector. The company successfully migrated to the NSE Mainboard on June 2, 2026, following approval on May 21, 2026.

Strategic Outlook and Order Book

The company serves state power utilities, private power entities, and renewable energy developers through an EPC-driven business model. Its order book stood at ₹1,000+ crore by the end of FY26, providing strong revenue visibility. Viviana is also actively pursuing opportunities in Battery Energy Storage Systems (BESS), with projects such as a 100 MW/200 MWh unit in Rajasthan and a 65 MW/130 MWh project in Gujarat in various stages of development. The management projects consolidated revenue to reach ₹2,000+ crore by FY30, with transformer manufacturing contributing significantly to the growth mix.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0MEG01014/9ed3088b6aad4b5a.pdf