Shapoorji Pallonji and Company Private Limited filed a revised pledge disclosure on March 10, 2026, for 1,22,34,940 equity shares (3.33%) of Afcons Infrastructure Limited to include required lender details. The company holds 5,66,81,410 shares (15.41% stake) with 78.41% of its shareholding now encumbered through multiple pledge arrangements with various financial institutions.

Shapoorji Pallonji Submits Revised Pledge Disclosure for Afcons Infrastructure Shares

Shapoorji Pallonji Addresses Regulatory Compliance with Revised Disclosure

Shapoorji Pallonji and Company Private Limited has taken steps to meet regulatory compliance requirements by filing a revised disclosure with stock exchanges.

The disclosure pertains to the pledge of equity shares in Afcons Infrastructure Limited, a move aimed at adhering to the Securities and Exchange Board of India (SEBI) takeover regulations.

Key Highlights:

Regulatory Compliance: The revised disclosure is a step towards meeting the requirements under SEBI takeover regulations.
Afcons Infrastructure Limited: The pledge of equity shares in the company is a key aspect of the revised disclosure.
SEBI Takeover Regulations: The disclosure is aimed at adhering to the regulatory framework set by the Securities and Exchange Board of India.

Shapoorji Pallonji and Company Private Limited's revised disclosure is a significant development in the realm of corporate governance and regulatory compliance.