Konstelec Engineers disclosed that its promoters and promoter group held 1,00,88,000 equity shares as of March 31, 2026. The filing confirms that no shares were encumbered directly or indirectly during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Disclosure Details

The declaration was made by Mr. Biharilal Ravilal Shah, a promoter of the company, on behalf of the promoters and promoter group. The disclosure details the shareholding status and confirms the absence of any encumbrance on the shares held by the promoter group for the specified financial year.

Shareholding Summary

The filing was signed by Shatabdi Sudam Salve, Company Secretary and Compliance Officer of Konstelec Engineers Limited, on April 08, 2026.

Konstelec Engineers Limited has successfully completed the Supply, Installation, Testing and Commissioning works for Indian Oil Corporation Limited's Cryogenics Business Group facility located at Dindori, Nashik. The executed value of the project stood at approximately ₹16.22 crore, including GST, against an original contract value of approximately ₹18.99 crore. The completion of this critical infrastructure project was formally certified by Indian Oil Corporation Limited on June 08, 2026, reinforcing the company's capabilities in the energy sector.

The scope of work encompassed the installation and commissioning of transformers, DG sets, HV & LV switchgears, cabling systems, lighting infrastructure, and earthing systems. Additionally, the project involved associated electrical and civil works necessary to develop the power distribution infrastructure supporting IOCL's cryogenic operations. The contract was awarded by Indian Oil Corporation Limited, marking a significant execution in the industrial infrastructure sector.

Project Overview

Amish Shah, Managing Director at Konstelec Engineers , stated that the successful completion reflects the company's strong execution capabilities in delivering critical electrical infrastructure for India's leading energy companies. He emphasized the team's commitment to quality, safety, and timely execution, which enabled the delivery of this mandate. The company remains focused on strengthening its presence in the oil & gas, energy, and industrial sectors.

Konstelec Engineers Limited operates as an integrated EPC company specializing in Electrical, Instrumentation, and Automation systems. It undertakes turnkey contracts for the installation, testing, commissioning, and maintenance of electrical and electromechanical systems across sectors such as oil & gas, refineries, petrochemicals, and cement.