Constronics Infra Limited's promoter Mr. Vishnuvardhan has pledged 13,19,748 equity shares valued at ₹6,33,47,904 as security for a term loan availed by the company's wholly owned subsidiary. The pledge transaction was executed on March 02, 2026, with regulatory disclosure filed on March 05, 2026, under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Regulatory Disclosure Details

The comprehensive disclosure was submitted under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to the Bombay Stock Exchange. The filing confirms compliance with regulatory requirements for share encumbrance by promoters.

Share Pledge Transaction Structure

The promoter's pledge represents a significant portion of his shareholding in Constronics Infra Limited. The transaction details show the comprehensive nature of the encumbrance:

Loan Security and Purpose

The shares have been pledged as security against a term loan of ₹19,00,00,000 availed by Constronics Energy Solution Private Limited, the wholly owned subsidiary, from the State Bank of India. This arrangement provides a security cover ratio of 0.33 between the pledged share value and the total loan amount.

Promoter Shareholding Analysis

Mr. Vishnuvardhan holds a total of 13,31,558 equity shares representing 10.63% of Constronics Infra Limited's total share capital. The current encumbrance covers 100.00% of his promoter shareholding, indicating the comprehensive nature of the pledge arrangement.

The regulatory disclosure confirms that Constronics Infra Limited maintains its equity shares listed on the Bombay Stock Exchange, with all filings completed in accordance with SEBI guidelines for substantial acquisition and takeover regulations.

SBICAP Trustee Company Limited has filed a regulatory disclosure regarding the pledge of equity shares in Constronics Infra Limited. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the pledge of shares as security for a term loan availed by the company's subsidiary.

Regulatory Filing Details

SBICAP Trustee Company Limited submitted the disclosure on February 20, 2026, to both BSE Limited and Constronics Infra Limited. The filing pertains to shares pledged in favor of SBICAP Trustee in their capacity as Share Pledge Trustee for the benefit of State Bank of India as the lender.

Share Pledge Transaction

The disclosure reveals that 11,810 equity shares of Constronics Infra Limited were pledged on February 17, 2026. These shares represent 0.09% of the company's total share capital and were pledged as security for a ₹19 crore term loan obtained by Contronics Energy Solution Private Limited, the wholly owned subsidiary of Constronics Infra.

Company Share Capital Structure

According to the disclosure, Constronics Infra Limited's total equity share capital consists of 1,25,29,041 equity shares of ₹10 each, aggregating ₹12,52,90,410. This information is based on the BSE shareholding pattern dated December 31, 2025. The pledged shares constitute a minimal portion of the overall share capital.

Acquisition Classification

SBICAP Trustee Company Limited confirmed that it does not belong to the promoter or promoter group of Constronics Infra Limited. The acquisition is classified as an encumbrance through pledge of equity shares, with the trustee acting on behalf of State Bank of India for the loan security arrangement.

Compliance and Documentation

The disclosure was properly executed with authorized signatures and official stamps from SBICAP Trustee Company Limited. The company's registered office is located in Mumbai, with a branch office in Chennai handling this particular transaction. The filing ensures compliance with SEBI regulations regarding substantial acquisition disclosures and share encumbrance reporting.