Agilemed Investments Private Limited, a promoter of Medplus Health Services Limited, has created additional pledges over 9,75,000 equity shares. These pledges, totaling an aggregate of 1,44,02,525 shares under pledge post-creation, were made in favor of Catalyst Trusteeship Limited. The action aims to maintain the required Security Cover Ratio under existing Share Pledge Agreements and does not involve any fresh borrowing. The disclosure was made on October 30, 2026.
Agilemed Investments Discloses Share Pledges
Agilemed Investments Private Limited, identified as a promoter of Medplus Health Services Limited, has reported the creation of additional pledges on its equity shares. This disclosure, made on October 30, 2026, is in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of New Pledges
On October 23, 2026, Agilemed Investments Private Limited executed new pledges covering an aggregate of 9,75,000 equity shares of Medplus Health Services Limited. These pledges were made in favor of Catalyst Trusteeship Limited, acting as the Debenture Trustee. The shares pledged comprise:
- 5,00,000 equity shares related to Non-Convertible Debentures held by Modulus Alternatives Investment Managers Limited.
- 4,75,000 equity shares related to Non-Convertible Debentures held by Neo debenture holders.
The primary purpose of these additional pledges is to maintain the Security Cover Ratio as stipulated by the respective Share Pledge Agreements, following a top-up notice dated October 19, 2026, from the Debenture Trustee. It is explicitly stated that no fresh amount has been borrowed in conjunction with these pledges.
Total Encumbered Shares
Following the creation of these new pledges, Agilemed Investments Private Limited now holds an aggregate of 1,44,02,525 equity shares of Medplus Health Services Limited under pledge. Detailed information regarding these encumbrances is provided in Annexure I and II of the disclosure.
Promoter Holding Summary (as of Annexure II)
The total promoter shareholding in Medplus Health Services Limited is 4,82,80,627 shares, representing 40.19% of the total share capital. Post these new pledges:
- Agilemed Investments Private Limited has 1,44,02,525 shares encumbered, constituting 29.83% of its promoter shareholding.
- Lone Furrow Investments Private Limited has 88,00,000 shares encumbered, representing 18.23% of its promoter shareholding.
- Madhukar Reddy Gangadi has 1,53,50,400 shares encumbered, making up 31.79% of his promoter shareholding.
Cumulatively, the total number of promoter shares encumbered stands at 3,85,52,925, which is 79.85% of the total promoter shareholding.
Source: BSE
