11 August 2025
Vikram Solar Limited has informed its shareholders that, in preparation for its upcoming initial public offering (IPO), all equity shares must remain unencumbered and free from pledges until listing.
As part of standard depository procedures, the company will instruct CDSL and NSDL to suspend/freeze the ISIN of its equity shares around 12 August 2025 until listing. During this freeze period, share transfers will require prior documentation and corporate action through the company.
These steps are part of the procedural requirements for a smooth IPO process and listing on the stock exchanges.
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