Quarterly Result1 April 2026 at 04:43 am
Thyrocare Technologies: Docon Technologies Partially Redeems API Holdings' Debentures, No Change in Encumbered Shares
AI Summary
Thyrocare Technologies Ltd. announced that Docon Technologies Pvt Ltd, a promoter of the company, has partially redeemed its Series 1 Non-Convertible Debentures (NCDs) issued by API Holdings Limited. The partial redemption of INR 1,200 million (Rupees One Thousand Two Hundred Million only) on March 30, 2026, has led to a reduction in face value per debenture from INR 10,00,000 to INR 9,00,000 per debenture. However, there is no change in the number of encumbered shares of Thyrocare Technologies Limited held by Docon. The disclosure also includes updated details of the debenture holders and outstanding principal amount in the Annexure 1.
Key Highlights
- Docon Technologies Pvt Ltd, a promoter of Thyrocare Technologies Ltd, partially redeemed API Holdings Limited's Series 1 Non-Convertible Debentures (NCDs) worth INR 1,200 million.
- The face value per debenture was reduced from INR 10,00,000 to INR 9,00,000 after the redemption.
- There is no change in the number of encumbered shares of Thyrocare Technologies Limited held by Docon.
- The updated details of debenture holders and outstanding principal amount are provided in Annexure 1.
- API Holdings Limited is the holding company of Docon.