Aster DM promoter creates indirect pledge over holding entity shares

Ownership Changes View source PDF Explain this filing

ASTERDM · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹765.90

prior close

₹762.50

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.1%-1.4% vs market

Hospital peers, median of 26sector-0.3%-1.3% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 1.3 pts less than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.6

15m

-0.4

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-0.1-1.4-0.3-1.3

Next day

-2.4+0.2-2.6-0.4-2.0

-1.4-0.5-1.0-0.2-1.2

-0.9-0.5-0.4-0.3-0.6

-0.7-1.1+0.4-1.2+0.5

+2.8-0.1+2.8-0.4+3.2

+3.9+0.2+3.8-0.8+4.7

15d

-1.3-0.9-0.4+2.8-4.1

-2.5-3.2+0.7-1.2-1.3

-13.8-8.2-5.6-13.2-0.6

—————

UpDownMarket · Nifty Smallcap 250Sector · Hospital peers, median of 26Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Union (Mauritius) Holdings Ltd, a promoter of Aster DM, disclosed creation of indirect encumbrance. The Moopen family pledged 100% of UMHL shares to DB Trustees Hong Kong as collateral for two loan facilities totaling USD 210 million from Barclays and JP Morgan. Facility A increased from USD 145M to USD 160M. No new direct pledge on Aster DM shares.

Likely market impact

Indirect pledge over UMHL shares does not directly encumber Aster DM shares. Existing encumbrances will be released on lender conditions.