AVP Infracon promoter pledges 22.47 lakh shares in FY26

AVP Infracon Limited has disclosed the creation of an encumbrance on shares held by its promoter, Mr. B. Venkateshwarlu, during the financial year ended March 31, 2026. The declaration was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The Joint Managing Director pledged 22,47,192 shares on March 27, 2026. The company confirmed that, aside from this specific transaction, no other promoters or members of the promoter group created any encumbrances on the company's shares during the financial year. Additionally, there were no instances of encumbrance release reported during this period.

The disclosure was submitted by D. Prasanna, a promoter of the company, on behalf of the promoters and promoter group. The letter confirmed that the details provided are accurate to the best of their knowledge and belief.

Promoter and Promoter Group Details

The company provided a comprehensive list of its promoters and promoter group members in the disclosure. The list includes key individuals associated with the firm's management and ownership structure.

S. No.	Name
Promoter
1	PRASANNA D
2	BOLLAM VENKATESHWARLU
3	Dhandayuthapani Vasanth
4	Bhagyavathy D
Promoter Group
1	Mr. S Dhandhayuthapani
2	Mrs. Gowri Manohari D
3	Ms. D. Janani
4	Mr. P Raghav
5	Mr. Aadhavv Prasanna
6	Mrs. Raji Doss
7	Mr. Tharun.v
8	Ms.Thanmaya
9	Mr. Sivakarthikeyan Doss
10	Mr. B. Krishnamurthy
11	Mrs. B. Shobarani
12	Mrs. Chokkarappu Vasumathi
13	Mr. Bollam Anirudh Krisna
14	Ms. Bollam Hansika
15	Mr. C.Yadagiri
17	Mr. Chokkarappu Nagaraj

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.97%	-12.61%	-26.79%	-49.58%	-56.29%	-4.40%

AVP Infracon has announced a major contract win through its strategic joint venture with KCP Infra Limited. The partnership has successfully secured a ₹106.2 crore EPC project from the National Highways Authority of India, marking a significant milestone for the company's infrastructure portfolio.

Project Details

The contract involves the development of NH-79 Salem-Ulundurpet VUP (Village Upgrade Project) located in Tamil Nadu. This highway project represents a substantial infrastructure development initiative in the region.

Parameter:	Details
Project Value:	₹106.2 crore
Project Type:	EPC (Engineering, Procurement, Construction)
Location:	Salem-Ulundurpet, Tamil Nadu
Highway:	NH-79
Client:	National Highways Authority of India

Joint Venture Structure

The project will be executed through a joint venture between AVP Infracon and KCP Infra Limited. AVP Infracon holds the dominant position in this partnership with a 74% stake, establishing the company as the lead partner in the venture.

Partnership Details:	Information
AVP Infracon Stake:	74%
Partner:	KCP Infra Limited
Partnership Type:	Joint Venture
Lead Partner:	AVP Infracon

Company Valuation

AVP Infracon currently maintains a market capitalization of ₹233 crore, reflecting the company's position in the infrastructure development sector.

Financial Metric:	Value
Market Capitalization:	₹233 crore

Strategic Significance

This contract award demonstrates AVP Infracon's growing presence in the highway infrastructure sector. The company's majority stake in the joint venture ensures significant control over project execution and revenue generation. The project adds to the company's order book and strengthens its position in Tamil Nadu's infrastructure development landscape.

The EPC nature of the contract encompasses the complete project lifecycle, from engineering and procurement to construction, providing comprehensive revenue opportunities for the joint venture partners.