Acquisitions5 Mar 2026, 10:02 am
SBICAP Trustee Acquires 10.63% Stake in Constronics Infra Ltd Through Pledge of Equity Shares
AI Summary
SBICAP Trustee Company Limited, a share pledge trustee for State Bank of India as Lender, has acquired a 10.63% stake in Constronics Infra Limited through the pledge of equity shares. The acquisition took place on 4th March 2026, as per the disclosure made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity shares of Rs.10/- each aggregating to Rs. 15,53,89,400/- were acquired, as per the BSE shareholding pattern as on dated 31-12-2025.
Key Highlights
- SBICAP Trustee acquired 10.63% stake in Constronics Infra Ltd through pledge of equity shares.
- The acquisition was made on 4th March 2026.
- The total equity shares acquired amounted to Rs. 15,53,89,400/-.
- The acquisition was made as per the BSE shareholding pattern as on dated 31-12-2025.
- State Bank of India was the lender in this acquisition.