The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 02, 2026 for Themis Medicare Ltd
GUJTHEM · price
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Awaiting price reaction for this filing.
Promoter Themis Medicare Ltd has disclosed creation of a pledge on 9,20,000 equity shares (about 3.64% of share capital) of Gujarat Themis Biosyn Ltd on December 30, 2025. The shares were pledged with Jio Credit Limited as security against a borrowing of Rs. 10 crore. The purpose is to refinance existing high-interest loans and lower overall finance costs. Before this event, the promoter held 25,72,037 shares (23.19%) in GTBL with no prior encumbrance. After the pledge, 9,20,000 shares (3.64%) stand encumbered in favor of Jio Credit Limited.
A modest pledge creation (3.64% of capital) against debt refinancing — not a distress signal as the loan proceeds are being used to replace costlier borrowings, which is credit-positive. Shareholders should monitor any future increase in pledged shares or invocation events.