StockWatch
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Hospital
Shareholding21 Aug 2026, 04:41 pm

GLAS Trust Discloses Indirect Encumbrance on Aster DM Quality Care Shares

AI Summary

GLAS Trust (Singapore) Ltd, acting as an offshore security agent, has filed a disclosure under SEBI's Takeover Regulations. This filing pertains to an indirect encumbrance over 86,317,533 equity shares of Aster DM Quality Care Limited, representing approximately 9.90% of the issued and paid-up share capital. The encumbrance arises from a facility agreement and a borrower share charge related to Centella Mauritius Holdings Limited. The disclosure follows a merger between Aster DM Healthcare Limited and Quality Care India Limited, with the shares now held by the Borrower in the resulting entity, Aster DM Quality Care Limited.

Key Highlights

  • GLAS Trust discloses indirect encumbrance on Aster DM Quality Care shares.
  • Encumbrance affects 9.90% of the company's issued and paid-up share capital.
  • Disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
  • The encumbrance is linked to a facility agreement and borrower share charge.
  • The shares are held by Centella Mauritius Holdings Limited's borrower.