Catalyst Trusteeship Discloses Encumbrance on KMC Speciality Hospitals Shares

Catalyst Trusteeship Ltd, acting as Debenture Trustee for Prospera Healthcorp Private Limited, has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This filing pertains to the creation of a pledge over 14.53% and a non-disposal undertaking over 32.40% of the shareholding in Sri Kauvery Medical Care (India) Limited (SKMCIL). SKMCIL, in turn, holds a 75% stake in KMC Speciality Hospitals (India) Limited. The total encumbrance on SKMCIL's shares amounts to 46.93%. This action is taken for the benefit of debenture holders under a debenture trust deed. The disclosure is made towards indirect encumbrance on KMC Speciality Hospitals (India) Limited.