Goswami Infratech Private Limited has submitted a disclosure regarding the encumbrance of equity shares of Afcons Infrastructure Limited. This disclosure, dated January 7, 2026, relates to regulations concerning substantial acquisition of shares and takeovers. The encumbrance pertains to the pledge of shares under debenture trust deeds, with Axis Trustee Services Limited acting as the common security trustee. The already encumbered position and the post-encumbrance position remain unchanged.
Details of Share Encumbrance
Goswami Infratech Private Limited (GIPL) has disclosed information on the encumbrance of shares of Afcons Infrastructure Limited, according to a filing dated January 7, 2026. This relates to the regulatory requirements regarding substantial acquisition of shares and takeovers.
Background on the Share Pledge
The share encumbrance is linked to debenture trust deeds, specifically the GIPL Debenture Trust Deed and the Capespan Debenture Trust Deed. Axis Trustee Services Limited is acting as the common security trustee for debenture holders.
Specifics of Encumbrance
A pledge exists over 9,20,72,053 shares constituting 25.03% of Afcons’ total share capital. This encumbrance has been extended in favor of Axis Trustee Services Limited as the Common Security Trustee, for both GIPL Debentures and Capespan Debentures. There are 1,430,000 rated, listed, secured, zero coupon, redeemable, non-convertible debentures. The value of shares as per BSE on December 17, 2025, stood at INR 42,33,01,26,367.
Source: BSE