Highway Infrastructure promoters declare no share encumbrance in FY26

3 min read     Updated on 23 Jun 2026, 03:15 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Highway Infrastructure Limited filed a declaration with BSE and NSE stating that its promoters and promoter group did not encumber any shares during FY26. The submission complies with SEBI regulations and was signed by key promoters Anoop Agrawal, Arun Kumar Jain, and Riddharth Jain.

powered bylight_fuzz_icon
43710320

*this image is generated using AI for illustrative purposes only.

Highway Infrastructure Limited has confirmed that its promoters and promoter group did not encumber any shares during the financial year ended 31 March 2026. This disclosure ensures that the shareholding structure remains free from pledges or charges, which is a key indicator of corporate governance and financial stability for investors. The declaration was submitted to BSE Limited and National Stock Exchange of India Ltd. on 01 April, 2026.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Members of the promoter and promoter group, including persons acting in concert, declared that as on 31 March 2026, no shares were encumbered directly or indirectly throughout the financial year. The declaration was signed by promoters Anoop Agrawal, Arun Kumar Jain, and Riddharth Jain on behalf of the entire group.

The disclosure included a comprehensive list of the promoter group entities. The list comprises individuals and various corporate entities associated with the promoters.

Promoter Group Details

Sr. No. Name of the Promoter PAN No.
1. Arun Kumar Jain
2. Anoop Agrwal
3. Riddharth Jain
4. Arun Jain HUF
5. Alok Agrawal
6. Jyoti Jain
7. Neetu Agrawal
8. Kamlesh Jain
9. Renu Tandon
10. Vinod Kumar Jain
11. Shivashish Jain
12. Anshita Jain
13. Najuk Jain
14. Subhash Chand Agrawal
15. Sunita Goyal
16. Rinku Gupta
17. Kiran Devi Mittal
18. Deep Kanta Goyal
19. Om Prakash Agrawal
20. Vimla Devi Agrawal
21. Arti Agrawal
22. Tirth Agrawal
23. Anisha Agrawal
24. Omprakash Gupta
25. Lata Agrawal
26. Vikas Agrawal
27. Ajay Ramchandra Tandon HUF
28. Anoop Agrawal HUF
29. Omprakash Agrawal HUF
30. Alok Omprakash Agrawal (HUF)
31. Vikas Agrawal HUF
32. Omprakash Gupta HUF
33. Highway & Tandon Tollways Private Limited
34. Sacham Highway Real Estates Private Limited
35. Indore Highway Real Estates Private Limited
36. Infraa Sshine Private Limited
37. Highway Enterprises Private Limited
38. Techno Star Infraeal LLP
39. Qualipack Packagings Private Limited
40. Amar Moti Agro Foods LLP
41. Highway Greenfield LLP
42. Arun Kumar Jain (Single Firm)
43. Vinod Kumar Jain -
44. Yashwant Agrawal & Co.
45. Arti Construction Company -
46. Elegant Enterprises
47. Gangotri Enterprises
48. International Service Centre
49. Agrawal Agro Agencies
50. M.N.G. International -
51. Mahadev Industries -
52. International Filling Centre -
53. Alok Bulk Carrier -
54. Socialact -

Historical Stock Returns for Highway Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%-1.89%-2.30%-18.39%-60.96%-60.96%

How will the zero-encumbrance status impact Highway Infrastructure Limited's ability to secure future financing for expansion?

What are the expected market reactions from institutional investors regarding this display of corporate governance?

Does this clean shareholding structure signal potential plans for mergers, acquisitions, or divestitures in the near future?

like20
dislike

Highway Infrastructure loses PMAY contract in Bhopal

1 min read     Updated on 17 Jun 2026, 04:26 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Nagar Palika Nigam, Bhopal has cancelled the contract awarded to Highway Infrastructure for a PMAY affordable housing project at Plot Nos. 47 and 49 in Bhopal. The company received the communication on June 16, 2026, and disclosed the termination to exchanges in compliance with SEBI regulations.

powered bylight_fuzz_icon
43135878

*this image is generated using AI for illustrative purposes only.

Nagar Palika Nigam, Bhopal has cancelled the contract awarded to Highway Infrastructure for the Construction of Houses and Development of Infrastructure for Affordable Housing under the Pradhan Mantri Awas Yojana (PMAY). The cancellation specifically impacts the project located at Plot Nos. 47 and 49, Commercial-cum-Residential Building Plan, Bhopal, Madhya Pradesh. The company received the communication from the HFA Cell of Nagar Palika Nigam, Bhopal regarding this termination on June 16, 2026.

The company disclosed this development to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed disclosure regarding the order was provided in accordance with the SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The filing was signed by Palak Rathore, Company Secretary & Compliance Officer.

Contract Details

The following table outlines the key particulars of the cancelled order as disclosed by the company:

S. no Particulars Remark
a) Name of the Authority/ Name of parties to the order/Contract Nagar Palika Nigam, Bhopal (HFA Cell – PMAY)
b) Nature of order/ contract Construction Contract for Affordable Housing Project under Pradhan Mantri Awas Yojana (PMAY)
c) Date of execution of the order/ contract Not Applicable
d) Details of amendment or reason for termination and impact thereof Cancellation of the contract for Construction of Houses and Development of Infrastructure for Affordable Housing in Bhopal under PMAY at Plot Nos. 47 and 49, Commercial-cum-Residential Building Plan, Bhopal, Madhya Pradesh.

Historical Stock Returns for Highway Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%-1.89%-2.30%-18.39%-60.96%-60.96%

What financial impact will this contract cancellation have on Highway Infrastructure's revenue for the current fiscal year?

Will the company pursue legal action or arbitration to challenge the cancellation of the PMAY project?

How might this termination affect Highway Infrastructure's ability to secure future government contracts under similar schemes?

like20
dislike

More News on Highway Infrastructure

1 Year Returns:-60.96%