Promoter Mehul J. Shah pledges 19.04% stake in Shah Construction

Mehul Jadavji Shah, a promoter of Shah Construction Company Limited, has disclosed the creation of an encumbrance by pledging 30,706 equity shares. This represents 19.04% of the company's total paid-up equity share capital. The disclosure was made on October 13, 2026, under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This action indicates the promoter has used a significant portion of their shareholding as collateral.