Pledge/Unpledge
Themis Medicare Limited, a promoter of Gujarat Themis Biosyn, pledged 2.50 lakh equity shares of Gujarat Themis Biosyn Limited on January 29, 2026. This transaction, representing 0.23% of Gujarat Themis Biosyn's total share capital, was done to secure an existing borrowing of Rs. 10 crores from Jio Credit Limited.
The stated purpose is to repay existing high-interest-bearing loans and thereby reduce overall finance costs.
Following this pledge, Themis Medicare Limited's total encumbered holding in Gujarat Themis Biosyn stands at 16.50 lakh shares, accounting for 1.51% of the target company's share capital.
This move indicates a financial restructuring effort by the promoter to optimize borrowing expenses.
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