Goswami Infratech Private Limited has submitted a disclosure regarding the encumbrance of its equity shares in Afcons Infrastructure Limited. The disclosure, dated February 3, 2026, pertains to regulations concerning substantial acquisition of shares and takeovers. This action is related to debenture trust deeds and involves Axis Trustee Services Limited as the common security trustee. The already encumbered and post-encumbrance positions will remain consistent.
Details of Encumbrance
Goswami Infratech Private Limited (GIPL) has disclosed information about the encumbrance of shares of Afcons Infrastructure Limited. This disclosure follows previous submissions made on December 24, 2025, and January 7, 2026.
Parties Involved
This action is linked to debenture trust deeds, with Axis Trustee Services Limited acting as the common security trustee for both GIPL debentures and Capespan debentures. The entities involved include SP Finance Private Limited and SC Finance and Investments Private Limited.
Impact on Shareholding
The encumbrance pertains to 9,20,72,053 shares, representing 25.03% of the total share capital of Afcons. Despite the encumbrance, Goswami Infratech’s already encumbered position and the post-encumbrance position remain unchanged.
Details of Debt Instruments
The encumbrance is related to rated, listed, secured, zero-coupon, redeemable, non-convertible debentures with a nominal value of INR 100,000 each, aggregating to not more than INR 143,000,000,000 in a single series. The ISIN for these debentures is INE219007362. Additional information pertains to Capespan Investment Private Limited with ISIN numbers INEOUCV07017 and INEOUCV07025.
Financial Ratios
The security cover/asset cover against the value of shares is as follows: for Capespan Debentures, the ratio is 2.21:1 and for GIPL Debentures, the ratio is 0.26:1. The borrowed amount is used for repayment of existing indebtedness and for making inter-corporate deposits or loans.
Source: BSE
