VVIP Infratech promoter pledges 31.58 lakh shares

VVIP Infratech Limited disclosed that its promoter, Praveen Tyagi, has created an additional pledge on 31,58,000 equity shares, representing 12.65% of the company's total share capital. The encumbrance was established on June 30, 2026, with CSL Finance Limited against an involved amount of ₹50,00,00,000. This move increases the total pledged shares by the promoter to 54,76,000, which now constitutes 21.93% of his total shareholding in the company.

The disclosure was submitted in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing confirms that the latest pledge is the third such encumbrance created by the promoter, with previous pledges established on June 2, 2025, and January 29, 2026. The security value of the shares on the date of the latest agreement was ₹45,77,52,100, resulting in a coverage ratio of 0.91:01 relative to the amount involved.

CSL Finance Limited, the pledgee in all three instances, is confirmed to be a Non-Banking Financial Company (NBFC). The company clarified that the encumbrance is not related to any debt instruments such as debentures, commercial papers, or certificates of deposit. The promoter currently holds a total of 1,71,23,900 shares, accounting for 68.58% of the total share capital of VVIP Infratech Limited.

The table below details the three encumbrance events reported by the promoter:

Date of Creation	Type	No. of Shares	% of Total Share Capital	Amount Involved (₹)
02-06-2025	Pledge	18,75,000	7.50%	15,00,00,000
29-01-2026	Pledge	4,43,000	1.77%	15,00,00,000
30-06-2026	Pledge	31,58,000	12.65%	50,00,00,000

The filing, signed by Kanchan Aggarwal, Company Secretary and Compliance Officer, was submitted to BSE Limited on July 2, 2026. The document confirms that the total encumbered shares do not exceed 50% of the promoter's total shareholding, although they do represent more than 20% of the company's total share capital.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-3.33%	+16.33%	+24.05%	-24.92%	-22.44%

VVIP Infratech Limited accepted the resignation of Man Mohan Goel as Independent Director effective June 30, 2026, following his submission citing personal reasons and increased professional commitments. The resignation was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, Goel has stepped down from the membership and chairmanship of all Board Committees where he served.

Board Committee Vacancies

Goel's departure resulted in vacancies across key committees of VVIP Infratech . He was a member of the Stake Holders Relationship Committee, Nomination Remuneration Committee, Audit Committee, and CSR Committee. The company confirmed that the resignation was with immediate effect from the close of business hours on June 30, 2026.

Regulatory Disclosures

The company disclosed that the resignation was not due to any material reasons other than those stated in the letter. The following table details the regulatory information provided regarding the change in directorship:

S. no	Particulars	Description
1.	Reason for Change	Resignation of Mr. Man Mohan Goel (DIN: 06368540) as an Independent Director vide resignation letter dated June 30, 2026.
2.	Date of Cessation	30-06-2026
3.	Brief Profile	NA
4.	Disclosure of Relationships	NA

Director's Confirmation

In his resignation letter, Goel confirmed that he was unable to devote the requisite time and attention to the affairs of the company due to his personal commitments. He explicitly stated that there were no other material reasons for his resignation other than those disclosed. The Board has been requested to complete all statutory and regulatory compliances, including intimations to the Stock Exchanges and the Registrar of Companies.