
Shareholding31 Oct 2026, 10:30 am
Medplus Health Services: Lone Furrow Investments Pledges 18 Lakh Shares
AI Summary
Lone Furrow Investments Private Limited, a promoter of Medplus Health Services Limited, has created an additional pledge of 18,00,000 equity shares. This action was taken on October 23, 2026, in favor of Catalyst Trusteeship Limited, acting as Debenture Trustee for Avendus Finance Private Limited. The pledge is to maintain the Security Cover Ratio required under the Share Pledge Agreement for existing Non-Convertible Debentures. No new borrowing was involved. Following this, Lone Furrow Investments now holds an aggregate of 88,00,000 equity shares under pledge.
Key Highlights
- Lone Furrow Investments created an additional pledge of 18,00,000 shares.
- Pledge is to maintain Security Cover Ratio for existing NCDs.
- No fresh borrowing was undertaken.
- Total pledged shares by Lone Furrow now stand at 88,00,000.
- Catalyst Trusteeship Limited is the Debenture Trustee.
Price Impact
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