StockWatch
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Civil Construction
Shareholding14 Aug 2026, 10:29 am

Garuda Construction: PKH Ventures Files Revised Pledge Disclosure

AI Summary

Garuda Construction and Engineering Ltd has received a revised disclosure from its promoter, PKH Ventures Ltd, regarding the creation of a pledge on shares. This filing, made on August 13, 2026, is in response to a query from BSE Limited and adheres to SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The revised disclosure clarifies the reasons for the encumbrance, which involves pledging 65,00,000 equity shares (6.99% of total share capital) by PKH Ventures Ltd in favour of Aditya Birla Capital Limited for working capital purposes. The total promoter holding remains at 51.7% of the company's share capital.

Key Highlights

  • Revised pledge disclosure filed by promoter PKH Ventures Ltd.
  • 65,00,000 equity shares pledged, representing 6.99% of total capital.
  • Pledge created in favour of Aditya Birla Capital Limited.
  • Reason for pledge is for working capital requirements.
  • Disclosure complies with SEBI SAST Regulations, 2011.