Thyrocare Technologies Limited — Pledging, 01-04-2026: Pledge/Unpledge
01-04-2026 | 07:24 pm
01-04-2026 | 07:24 pm
The number of pledged shares of Thyrocare Technologies by its promoter, Docon Technologies, remains unchanged. A total of 9,69,69,696 shares (60.93% of Thyrocare's capital) are still encumbered.
This update follows the partial redemption of Series 1 Non-Convertible Debentures (NCDs) worth 120 Cr by Docon's parent company, API Holdings. This redemption was done by reducing the face value of each debenture from 1 Cr to 0.9 Cr. The outstanding nominal value of these Series 1 NCDs now totals 1,080 Cr. The shares remain pledged as a corporate guarantee for API Holdings' debt. This disclosure primarily clarifies the details of the underlying debt structure.
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