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.

Constronics Infra , a prominent player in the construction sector, has announced significant changes to its board composition and key appointments following a board meeting held on September 4, 2025. The company has made several strategic decisions aimed at strengthening its leadership and governance structure.

Board Appointments and Re-appointments

The board has approved the following appointments and re-appointments:

• Mr. Rajamani Ragavachari Sundara Raghavan: Re-appointed as Managing Director for a three-year term (November 26, 2025 - November 25, 2028).
• Mr. Rajendren Purushothaman: Re-appointed as an Independent Director for a three-year term (from September 28, 2025).
• Mr. Kailas Asokkumar Ashon: Appointed as a new Independent Director for a three-year term (from September 4, 2025).

Continuation of Directorship

The board has approved the continuation of Mr. Tirukkurungudi Seshadri Srinivasan as an Independent Director beyond the age of 75. Mr. Srinivasan, who will turn 75 in October 2026, brings extensive experience as a chartered accountant, cost accountant, and company secretary.

Resignation

Mr. Brough Nagar David Yesaian has resigned from his position as an Independent Director, effective September 4, 2025, citing pre-occupation and personal commitments.

Auditor Appointments

• M/s. B Thiagarajan & Co., Chartered Accountants: Re-appointed as Statutory Auditor for five consecutive years (2025-26 to 2029-30).
• Mr. S S Vignesh: Appointed as Secretarial Auditor for five years (2025-26 to 2029-30).

Annual General Meeting

Constronics Infra Limited has scheduled its 33rd Annual General Meeting for September 27, 2025, to be held via video conferencing. Shareholders will vote on these appointments and other matters during the meeting.

These strategic changes in Constronics Infra's leadership structure are subject to shareholder approval at the upcoming Annual General Meeting. The company's proactive approach in strengthening its board and auditing functions reflects its commitment to robust corporate governance and sustainable growth in the dynamic construction sector.