Shareholding9 Sept 2026, 12:07 pm
Aster DM Promoter Releases Encumbrance on 1.99 Cr Shares
AI Summary
Union (Mauritius) Holdings Limited, a promoter of Aster DM Quality Care Ltd, has disclosed the release of an encumbrance on 1,99,80,522 shares, representing 2.29% of the total share capital. This release pertains to shares previously pledged as collateral for a USD 160,000,000 loan facility availed by Union Investment Pvt Limited. The encumbrance was released in favor of Catalyst Trusteeship Limited, acting as the onshore security agent for the lenders. Concurrently, a non-disposal undertaking was created over 100% of UMHL's shares in Aster DM Quality Care Limited.
Key Highlights
- Promoter Union (Mauritius) Holdings Limited released encumbrance on 2.29% stake.
- Shares were pledged as collateral for a USD 160 million loan facility.
- A non-disposal undertaking was simultaneously created.
- The disclosure is in compliance with SEBI (SAST) Regulations, 2011.
Price Impact
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