PledgingPledge/Unpledge
The number of pledged shares of Thyrocare Technologies by its promoter, Docon Technologies, remains unchanged.
Thyrocare Technologies LimitedTHYROCARE · Filed with the exchange
A total of 9,69,69,696 shares (60.93% of Thyrocare's capital) are still encumbered.
This update follows the partial redemption of Series 1 Non-Convertible Debentures (NCDs) worth 120 Cr by Docon's parent company, API Holdings.
This redemption was done by reducing the face value of each debenture from 1 Cr to 0.9 Cr.
The outstanding nominal value of these Series 1 NCDs now totals 1,080 Cr.
The shares remain pledged as a corporate guarantee for API Holdings' debt.
This disclosure primarily clarifies the details of the underlying debt structure.
No comments yet. Be the first.