Vascon Engineers' promoters release significant share pledge

As of November 19, 2025, Vascon Engineers Limited's promoters have disclosed the release of a pledge on 1,95,17,124 equity shares. These shares, representing 8.62% of the total share capital, were previously held by Vasudevan Ramamoorthy. The pledge was originally made in favor of SBICAP Trustee Company Limited, acting as a trustee for collateral related to working capital facilities availed by Vascon Engineers Limited.

Following this release, the post-event holding of encumbered shares for Vasudevan Ramamoorthy now stands at 0, representing nil% of the total share capital. The necessary de-pledge process with the trustee is currently underway.

This action impacts the promoter group's overall encumbered shareholding, with Vasudevan Ramamoorthy's individual encumbrance reducing from 1,95,17,124 shares to zero. The reporting of this event was made to both BSE Limited and the National Stock Exchange of India Limited.