Pledge and non-disposal undertaking created over 46.93% of SKMCIL shares
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 3.8 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Catalyst Trusteeship Ltd, debenture trustee for Prospera Healthcorp, disclosed encumbrance over 2.39 crore shares (46.93%) of SKMCIL, which holds 75% of KMC Speciality Hospitals. This includes a 14.53% pledge and 32.40% non-disposal undertaking on SKMCIL shares. This is an INDIRECT encumbrance on KMC Speciality, not a direct pledge on its shares. The trustee is not part of the promoter group.
Indirect encumbrance on promoter holding via SKMCIL. No direct change in KMC shares. Watch for default risk.