We wish to inform you that the company has created a pledge of equity shares of shareholding in Wholly owned subsidiary in connection with the term loan availed by Wholly owned Subsidiary ....
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Constronics Infra Ltd has pledged 26,94,000 equity shares, which is 30% of its shareholding in its wholly owned subsidiary Constronics Energy Solutions Private Limited, in favour of SBICAP Trustee Company Limited. The pledge was created on 24th December 2025 as security for a term loan availed by the subsidiary. The company stated the promoter is interested in the transaction as it involves the wholly owned subsidiary, and the arrangement is at arm's length. The company has indicated that the impact of this pledge on the listed entity is Nil.
This is a routine disclosure showing the parent company has pledged a portion of its subsidiary's shares as collateral for that subsidiary's term loan. Since the company states nil impact on the listed entity and it involves a wholly owned subsidiary, it is largely administrative in nature and unlikely to affect the parent company's stock price directly.