Announced Mon, 27 Jul · 17:20 IST
Promoter entity creates direct pledge on 25.03% Afcons shares
Ownership Changes View source PDF
AFCONS · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Goswami Infratech Pvt Ltd, a promoter of Afcons Infrastructure, created a direct pledge on its 9,20,72,053 shares (25.03% of capital) on May 15, 2026, in favour of Axis Trustee Services as Common Security Trustee. This converts an existing indirect encumbrance on the same shares into a direct pledge. Total encumbered position remains unchanged at 25.03%.
Likely market impact
Neutral for shareholders; only restructures an existing pledge from indirect to direct with no change in encumbered percentage.