Afcons Infrastructure: Encumbrance on 25.03% Shares Released

Axis Trustee Services Ltd, acting as a pledgee, has disclosed the release of encumbrance on 9,20,72,053 equity shares of Afcons Infrastructure Limited, representing 25.03% of the total share capital. This action was taken in its capacity as a common security trustee. The company clarified that it does not hold any beneficial interest in these shares. The release of encumbrance pertains to debentures issued by Goswami Infratech Private Limited (GIPL) where Axis Trustee Services acted as the debenture trustee. The total equity share capital of Afcons Infrastructure remains Rs. 3,67,78,46,310.