Shareholding10 Aug 2026, 10:44 am
Manipal Health Enterprises: Axis Trustee Discloses Encumbrance on 8.75% Stake
AI Summary
Axis Trustee Services Ltd, acting as Onshore Security Agent, has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding encumbrances on shares of Manipal Health Enterprises Limited. These encumbrances, in the form of non-disposal undertakings, have been created by two borrowers in favor of Axis Trustee Services for a term loan facility. The total encumbered shares amount to 116,633,996 equity shares, representing 8.86% of the total share capital and 8.75% on a fully diluted basis. Axis Trustee clarifies it holds no beneficial interest in these shares, acting solely as a security agent.
Key Highlights
- Axis Trustee Services discloses encumbrance on Manipal Health Enterprises shares.
- Total of 116,633,996 shares are encumbered, representing 8.75% on a diluted basis.
- Encumbrances are via non-disposal undertakings for a term loan facility.
- Axis Trustee acts as security agent, holding no beneficial interest.
- Disclosure is made under SEBI Takeover Regulations, 2011.
Price Impact
More from MANIPALHOS