StockWatch
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Hospital
Shareholding15 Sept 2026, 06:00 pm

KMC Speciality Hospitals: Promoter Encumbers 5.37% Shares

AI Summary

Sri Kauvery Medical Care (India) Limited, a promoter of KMC Speciality Hospitals (India) Limited, has disclosed the creation of an indirect encumbrance over 27,41,435 equity shares, representing 5.37% of the fully diluted shareholding. This encumbrance, created on September 4, 2026, is in the form of a pledge over shares of SKMCIL in favor of Catalyst Trusteeship Limited, acting as Debenture Trustee. The pledge serves as security for non-convertible debentures to be issued by Prospera Healthcorp Private Limited. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter SKMCIL encumbered 5.37% of its shareholding in KMC Speciality Hospitals.
  • Encumbrance is an indirect pledge of SKMCIL shares, not KMC Speciality shares.
  • Pledge is to secure non-convertible debentures issued by Prospera Healthcorp.
  • Disclosure filed under SEBI SAST Regulations 31(1) and 31(2).
  • Encumbrance created on September 4, 2026, reported on September 15, 2026.