VISA Chrome Ltd - 532721 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Assets Care & Reconstruction Enterprise Limited (ACRE) invoked a pledge on 2.37 crore shares of VISA Chrome, representing 16.3% of its total share capital, on June 5, 2026. This invocation is related to the repayment of outstanding amounts under restructured credit facilities.
Jun 08 2026 14:50:39
VISA Chrome Ltd - 532721 - Monitoring Agency Report
VISA Chrome's monitoring agency reported no deviation in the utilization of Rs.200 crore preferential issue proceeds for Q4 FY26. However, no funds were utilized during the quarter, and the company continues to incur cash losses. This suggests a delay in deploying significant capital for stated objectives like debt repayment.
May 25 2026 20:31:58
VISA Chrome Ltd - 532721 - Outcome Of The Board Meeting - Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
VISA Chrome has resolved its entire outstanding loan exposure through a restructuring agreement with Assets Care and Reconstruction Enterprise (ACRE) and repaid Rs. 140 Cr of debt via warrant conversion, improving financial stability.
May 25 2026 19:41:29
VISA Chrome Ltd - 532721 - Board Meeting Outcome for Outcome Of The Board Meeting - Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
VISA Chrome announced FY26 audited financial results with a net profit of ₹1,050.15 crore, a significant recovery from a prior year loss. This turnaround was largely due to a major debt restructuring with Assets Care and Reconstruction Enterprise (ACRE), which included a ₹1,082.20 crore write-back of loan exposure and waiver of ₹6.91 crore interest from VISA Infra Limited. Additionally, ₹140 crore from warrant conversions was used to repay ACRE debt.
May 25 2026 19:38:28
VISA Chrome - 532721 - Revised Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
VISA Chrome's promoters released 1.83 crore equity shares, representing 12.54% of the total share capital, from pledge. These shares were unencumbered by State Bank of India, resulting in a reduction of total promoter pledged shares to 17.90%.
May 20 2026 08:48:59
Visa Steel Ltd - 532721 - Board Meeting Intimation for Intimation Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements)
Regulations, 2015 ("Listing Regulations")
VISA Chrome's Board of Directors is scheduled to meet on May 25, 2026. The agenda includes the consideration and approval of the company's standalone and consolidated audited financial results for the quarter and year ended March 31, 2026.
May 18 2026 16:53:59
Visa Steel Ltd - 532721 - Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
VISA Industries, promoter of VISA Steel, increased its stake in VISA Chrome Limited (formerly VISA Steel Limited) from 31.96% to 62.40%. This significant stake hike is a result of an NCLT-sanctioned scheme of arrangement.
May 18 2026 12:24:08
Visa Steel Ltd - 532721 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
VISA Steel's promoter group has restructured its shareholding. VISA Infrastructure Limited transferred 30.45% of total paid-up share capital to VISA Industries Limited, resulting in VIL's stake increasing to 62.40% and making it the holding company.
May 16 2026 18:59:37
Visa Steel Ltd - 532721 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
VISA Steel's promoter group entity, VISA Infra Limited, transferred its 30.45% equity stake, amounting to 44,387,167 shares, to fellow promoter VISA Industries Limited. This transfer was pursuant to an NCLT order sanctioning a Scheme of Arrangement.
May 16 2026 11:06:29
Visa Steel Ltd - 532721 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
VISA Steel's promoter group entity, VISA Industries Limited, increased its shareholding in the company by 30.45% to a total of 62.40%. This stake hike was a result of an NCLT-sanctioned scheme of arrangement.
May 16 2026 11:05:36
Read More