Afcons Infrastructure: Encumbrance of Shares Disclosure

Afcons Infrastructure Ltd has disclosed reasons for encumbrance by the promoter under SEBI (SAST) Regulations. The disclosure pertains to the encumbrance created over equity shares of Afcons Infrastructure Limited. The company clarified that there is no change in the number of encumbered shares, with 3,855,809 shares (20% of the shareholding) encumbered as of May 15, 2024. The encumbrance is indirect, created on the shareholding of Afcons held by Infrastructure Investment Holdings (IIH) due to IIH's obligations to debenture holders.