Loan & Debt6 Mar 2026, 10:49 am
Promoter of Constronics Infra Ltd. Pledges Shares Worth INR 19 Crores for Subsidiary's Loan
AI Summary
The promoter of Constronics Infra Ltd., Vishnuvardhan, has pledged 10.53% of the company's shares, amounting to 13,19,748 shares, as security against a term loan of INR 19 crores availed by the wholly owned subsidiary, M/s. Constronics Energy Solution Private Limited, from the State Bank of India. This encumbrance was created on March 02, 2026.
Key Highlights
- Promoter Vishnuvardhan pledges 10.53% shares of Constronics Infra Ltd.
- Shares pledged as security against a term loan of INR 19 crores.
- Loan availed by wholly owned subsidiary M/s. Constronics Energy Solution Private Limited.
- State Bank of India is the lender.
- Pledge created on March 02, 2026.