Shareholding31 Oct 2026, 10:30 am
Manipal Health Enterprises: Promoter Pledge Creation
AI Summary
MEMG International India Pvt Ltd, a promoter group entity of Manipal Health Enterprises Limited, has disclosed the creation of a pledge over 1,44,92,951 equity shares, representing 1.79% of the total share capital. This pledge was executed on October 24, 2026, in favor of Vistra ITCL (India) Limited, acting as the debenture trustee. This action is related to non-convertible debentures (NCDs) aggregating up to INR 500,00,00,000 issued under a debenture trust deed dated August 25, 2026. Certain covenants in the nature of encumbrance were already subsisting on these shares, and the new pledge does not involve additional shares.
Key Highlights
- Promoter group entity pledged 1.79% of Manipal Health shares.
- Pledge created for NCD issuance totaling ₹500 Crore.
- Pledge executed in favor of debenture trustee.
- No additional shares pledged beyond existing encumbrances.
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