Shareholding25 Aug 2026, 02:43 pm
GLAS Trust Discloses Share Disposal in Aster DM Quality Care
AI Summary
GLAS Trust (Singapore) Ltd, acting as offshore security agent, has filed a disclosure under SEBI's Takeover Regulations regarding a change in shareholding of Aster DM Quality Care Ltd. The disclosure follows the sale/disposal of 62,400,000 equity shares by Centella Mauritius Holdings Limited, the borrower. This transaction resulted in GLAS Trust's indirect shareholding in Aster DM Quality Care reducing to 2.74% after the release of certain encumbrances. The filing details the shareholding before and after the disposal, noting a reduction in pledged shares.
Key Highlights
- GLAS Trust disclosed share disposal in Aster DM Quality Care.
- 62.4 million shares were sold by Centella Mauritius Holdings Limited.
- GLAS Trust's indirect holding reduced to 2.74%.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- Transaction involved release of pledged shares.
Price Impact
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