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Shah Construction Company’s promoter pledged 30,706 shares—reported as 19.04% of the company’s equity capital—to CTL Trusteeship. Screener’s company-profile announcement listing gives 8 October 2026 as the pledge date and 13 October 2026 as the listing date. The accessible summary does not establish what obligation the shares secure or whether the pledge has since changed.
What was disclosed
Screener’s announcement listing, dated 13 October 2026, reports that 30,706 Shah Construction Company shares were pledged on 8 October 2026. It states that those shares represented 19.04% of the company’s equity capital. Source: Screener’s Shah Construction Company profile.
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The listing identifies CTL Trusteeship as the pledgee and the pledging party as a company promoter. The accessible summary does not name the individual promoter, and it is not sufficient to identify that person reliably.
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A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Shah Construction Company is listed on BSE under code 509870. Source: Moneycontrol’s BSE-sourced announcement index.
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What the 19.04% figure means
The reported percentage is measured against Shah Construction’s equity capital. It is not stated as a percentage of the promoter’s own shareholding, nor does it establish the promoter’s total holding or the proportion of voting control affected.
A share pledge is an encumbrance: shares are provided as security for an obligation, subject to the applicable terms. That is different from an outright sale or transfer of ownership. The reported pledge alone does not show that the pledge was invoked, that ownership changed, or that control of the company shifted.
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What the accessible summary does not establish
The announcement summary does not state the obligation secured by the shares, the reason for creating the pledge, or its detailed terms. It also does not confirm whether the pledge was later released, invoked, or amended. Those details should not be inferred from the share count or percentage.
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Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →The available event detail comes from a company-profile announcement summary rather than the underlying 13 October exchange filing. The accessible BSE-sourced index provides listing context but does not independently surface the pledge item. Consequently, the individual promoter’s identity, any facility amount or lender-borrower relationship, and the legal terms remain unconfirmed in the material available here. A primary exchange filing or a later status filing would be needed to establish them.
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