Announced Tue, 28 Jul · 18:07 IST
Goswami Infratech creates pledge of 25.03pct promoter holding in Afcons Infrastructure
AFCONS · price
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Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹280.80
prior close
₹280.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.4+0.2+0.4-2.7-3.3-1.8+0.1-0.2-2.6-1.1+1.3——
Up moveDown movePending
AI summary
Goswami Infratech Private Limited, part of the promoter group, disclosed creation of a fresh pledge over 9,20,72,053 equity shares (25.03 percent of total capital) of Afcons Infrastructure in favour of Axis Trustee Services Limited on July 21, 2026. The pledge secures non-convertible debentures with a principal amount of about Rs 2,135 crore. With this creation, the entire promoter holding through this entity stands encumbered.
Likely market impact
Full 25.03 percent promoter stake is now pledged for debentures, increasing risk if any default triggers invocation or share sale.