Goswami Infratech Private Limited has submitted a disclosure regarding the encumbrance of shares of Afcons Infrastructure Limited. This disclosure is in accordance with Takeover Regulations. The encumbrance involves 9,20,72,053 shares, representing 25.03% of the total share capital. The shares are pledged in favor of Axis Trustee Services Limited. This announcement is dated February 3, 2026.
Details of Share Encumbrance
Goswami Infratech Private Limited has disclosed details regarding the encumbrance of shares of Afcons Infrastructure Limited. The report, dated February 3, 2026, pertains to regulations governing substantial acquisition of shares and takeovers.
Key Highlights of the Disclosure
The disclosure indicates that 9,20,72,053 shares of Afcons Infrastructure Limited, representing 25.03% of the total share capital, are under encumbrance.
- Promoter Holding: 100% of promoter holding is encumbered.
- Type of Encumbrance: The shares are pledged to Axis Trustee Services Limited.
- Purpose: The encumbrance relates to debenture trust deeds.
Entities Involved
The key entities involved in this encumbrance are Goswami Infratech Private Limited as the promoter, and Axis Trustee Services Limited as the debenture trustee.
Financial Details
The encumbrance is associated with outstanding amounts relating to Capespan Debentures and GIPL Debentures. The details are as follows:
- Principal amount of INR 88,14,94,90,000
- Interest amount of INR 37,45,70,27,931
- Total Outstanding of INR 1,25,60,65,17,931
Existing Agreements
The encumbrance is in line with existing agreements and arrangements, with no change in the already encumbered position.
Source: BSE
