Pledge on 7.94 crore Thyrocare shares fully released
THYROCARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 4.6 pts less than its Healthcare Service Provider 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, Debenture Trustee for API Holdings debenture holders, has released the pledge on 7,94,69,696 Thyrocare equity shares (49.93 percent of share capital). The pledge was created by Docon Technologies, which fully repaid and redeemed its Non-Convertible Debentures. Post-release, the acquirer holds no shares. Equity share capital remains 15.91 crore shares.
Reduces encumbrance on promoter group shares, signals full debt repayment by Docon Technologies. Positive for stock.