Bharat Road Network Limited (BRNL) — Offer Document | 19 June 2026

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📢 Key Event
SIFL no longer part of BRNL promoter group post-NCLT resolution

🔄 What Changed
SIFL lost management/control of BRNL promoter status after August 11, 2023 NCLT order

💡 Investor Takeaway
Shareholders should note SIFL's BRNL stake remains unchanged but it is no longer a promoter entity requiring regulatory disclosures.

Srei Infrastructure Finance Limited (SIFL) disclosed that following the NCLT-approved resolution plan effective August 11, 2023, it is no longer part of the promoter group of Bharat Road Network Limited (BRNL), having lost control and management. The company emphasized this change invalidates prior promoter disclosures and reiterated that it holds 19.81% of BRNL shares without encumbrances since 2016, making further SEBI takeover disclosures unnecessary.

📄 View Original Announcement (PDF)

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About Bharat Road Network Limited (BRNL)

Services · Transport Infrastructure · Listed on NSE

Market Cap: ₹170 Cr P/E: 1.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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