Ansal Buildwell has informed that the company has pledged 22,99,999 equity shares, 100% shareholding of its wholly owned subsidiary, Ansal Crown Infrabuild, in favour of IDBI, debenture trustee to secure 470 Non-Convertible Debenture of Rs 10 Lakh each aggregating Rs 47,00,00,000 issued by Ansal Crown Infrabuild to SWAMIH Investment Fund-I.
The above information is a part of company’s filings submitted to BSE.