Catalyst Trusteeship Limited, acting as the onshore security agent, has disclosed the release of encumbrance on 84,425,547 equity shares of Aster DM Quality Care Limited. This holding represents approximately 9.7% of the target company’s issued and paid-up share capital. This action follows a previous disclosure regarding the pledge of these shares, marking a significant shift in the shareholding structure.
Catalyst Trusteeship Discloses Share Encumbrance Release
Catalyst Trusteeship Limited, in its capacity as the onshore security agent for lenders to Centella Mauritius Holdings Limited, has formally announced the release of encumbrance on a substantial block of shares in Aster DM Quality Care Limited. The disclosure, made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, pertains to 84,425,547 equity shares.
Impact on Shareholding
These shares constitute approximately 9.7% of the total issued and paid-up share capital of Aster DM Quality Care Limited. This announcement follows a prior disclosure made on August 19, 2026, under Regulation 29(1) of the Takeover Code, which detailed the initial encumbrance by way of a pledge. The release of this encumbrance is a significant event, potentially impacting the control and ownership dynamics of the target company.
Transaction Details
The mode of this transaction is described as the release of encumbrance, which was originally created by way of pledge. The date of this release is noted as August 18, 2026. Prior to this release, Catalyst Trusteeship held these shares in nature of encumbrance, representing 9.7% of the total share capital. Post-release, the holding in encumbrance is now Nil.
Company Capital Structure
The equity share capital and total voting capital of Aster DM Quality Care Limited before and after this transaction remain unchanged at 871,672,439 fully paid-up equity shares of INR 1/- each. Similarly, the total diluted share/voting capital also remains consistent.
Source: BSE