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VISA Industries Limited became the holding company of VISA Chrome Limited following an internal promoter group share transfer. The consolidation involved 44,387,167 equity shares representing 30.45% stake.
Visa Steel Limited is changing its name to VISA Chrome Limited and symbol to VISACHROME. Changes take effect on May 20, 2026.
VISA Chrome Limited clarified that recent stock price movements are market-driven. The company confirmed no undisclosed price-sensitive information exists requiring regulatory disclosure.
VISA Steel Limited has officially changed its name to VISA Chrome Limited following approval from the Registrar of Companies. The name change became effective on April 28, 2026, and involves corresponding amendments to the Company's Memorandum and Articles of Association.
Visa Steel Limited has allotted 1.65 crore equity shares at a price of ₹30 per share through a preferential issue. This ₹49.50 Crore capital raise increases the company's paid-up share capital to ₹145.79 Crore. The allotment was made to a single investor following board approval in October 2026.
VISA Steel Limited allotted 1.65 crore equity shares to promoter group entity VISA Industries Limited upon the conversion of warrants. The company received ₹49.50 crore as balance consideration for this exercise. Consequently, the company's paid-up share capital has increased to ₹145.79 crore.