Vistra ITCL Discloses Substantial Acquisition of 72.08 Lakh Shares in Gee Limited
Vistra ITCL (India) Limited disclosed acquiring 72,08,388 shares in Gee Limited through a pledge arrangement on January 27, 2026, in its capacity as security trustee. The company had no prior holdings in Gee Limited and filed the disclosure under SEBI regulations as a precautionary measure, noting that primary compliance responsibility lies with lenders rather than trustees.

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Vistra ITCL (India) Limited has announced the substantial acquisition of equity shares in Gee Limited through a pledge arrangement, filing mandatory disclosures with stock exchanges under SEBI regulations.
Acquisition Details
The transaction involves 72,08,388 equity shares of Gee Limited that were pledged with Vistra ITCL on January 27, 2026. The acquisition was made in Vistra ITCL's capacity as security trustee, with the shares serving as collateral in the arrangement.
| Parameter | Details |
|---|---|
| Shares Acquired | 72,08,388 |
| Acquisition Date | January 27, 2026 |
| Mode of Acquisition | Pledge of equity shares |
| Acquirer Status | Security Trustee |
| Promoter Group | No |
Holdings Comparison
The disclosure reveals Vistra ITCL's shareholding position before and after the transaction:
| Holding Period | Voting Rights Shares | Encumbered Shares | Total Holdings |
|---|---|---|---|
| Before Acquisition | NIL | NIL | NIL |
| After Acquisition | ----- | 72,08,388 | 72,08,388 |
Target Company Information
Gee Limited's equity structure remains unchanged following the pledge arrangement. The company maintains its total equity share capital of 5,19,76,932 shares with a face value of Rs. 2.00 each, aggregating to Rs. 10,39,53,864. The shares are listed on BSE Limited.
Regulatory Compliance
Vistra ITCL filed this disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company noted that according to a Securities Exchange Board of India letter dated August 08, the primary compliance responsibility for such regulations lies with the lender or debenture holder rather than the trustee. However, Vistra ITCL chose to file the disclosure as a precautionary measure in its capacity as security and debenture trustee.
The disclosure was signed by Jatin Chonani, Compliance Officer at Vistra ITCL (India) Limited, and submitted to both BSE Limited and the National Stock Exchange of India Limited on January 29, 2026.
Historical Stock Returns for GEE
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.29% | +0.58% | -3.71% | -1.06% | +14.06% | +341.09% |
































