Catalyst Trusteeship Limited, acting as the onshore security agent for lenders, has disclosed a pledge over 84,425,547 equity shares of Aster DM Healthcare Limited. This represents approximately 9.7% of the company’s issued and paid-up share capital. The pledge is a result of a merger between Aster DM Healthcare Limited and Quality Care India Limited, creating the new entity Aster DM Quality Care Limited. The shares were pledged in favor of the security agent for the benefit of lenders.
Significant Share Pledge Disclosed
Catalyst Trusteeship Limited, in its capacity as the onshore security agent for certain lenders, has filed a disclosure regarding a substantial encumbrance of shares in Aster DM Healthcare Limited. The disclosure, made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals that a total of 84,425,547 equity shares have been pledged. These shares constitute approximately 9.7% of the total issued and paid-up share capital of the target company.
Merger and Share Encumbrance
The pledge has arisen as a consequence of a merger between Aster DM Healthcare Limited and Quality Care India Limited, resulting in the formation of Aster DM Quality Care Limited. Prior to this, an initial 4,651,992 equity shares were marked as pledged, representing about 0.5% of the issued and paid-up capital. Following the merger, an additional 79,773,555 equity shares, issued and allotted to the borrower (Centella Mauritius Holdings Limited), have been subject to a pledge. This aggregate of 84,425,547 shares is now held under pledge in favor of the onshore security agent for the benefit of the lenders.
Transaction Details
The mode of acquisition leading to this encumbrance is described as the creation of pledge. The effective date of acquisition/receipt of intimation of allotment of shares related to this pledge is stated as 17 August 2026. The equity share capital and total voting capital of Aster DM Quality Care Limited before and after this pledge remain at 871,672,439 paid-up equity shares of INR 10 each.
Source: BSE
