The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Docon Technologies Pvt Ltd & PACs

Pledge releasedPromoter pledge above 50%Ownership Changes View source PDF Explain this filing

THYROCARE · price

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▲ 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

+0.9%Reaction day

₹399.20

prior close

₹399.00

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%+0.5% vs market

Healthcare Service Provider peers, median of 22sector-0.6%+1.5% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.5 pts more than its Healthcare Service Provider 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

-0.1

10m

+0.1

15m

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30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+0.4+0.5-0.6+1.5

Next day

+2.2-0.4+2.6+0.3+2.0

+0.9-0.7+1.5+0.0+0.8

+1.2-1.0+2.2+0.5+0.7

-0.1-2.1+2.0-1.0+0.9

-6.1-4.2-1.9-2.6-3.5

-3.6-5.3+1.8-2.4-1.1

15d

+6.4-3.2+9.6-3.6+10.1

+3.8-2.3+6.1-4.3+8.1

+30.2-2.9+33.0-7.6+37.8

+9.3-7.6+16.9-15.5+24.8

UpDownMarket · Nifty Microcap 250Sector · Healthcare Service Provider peers, median of 22Pending

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

AI summary

Docon Technologies Private Limited, the promoter of Thyrocare with a 71.06% stake (3,76,56,092 equity shares), has released the pledge on its entire shareholding in Thyrocare. The shares were previously pledged with Vistra ITCL (India) Limited as Debenture Trustee to secure non-convertible debentures worth INR 1,545.38 crore issued by API Holdings (the ultimate parent company). API Holdings is now raising fresh debentures of up to INR 1,700 crore to fully redeem the earlier debt, which triggered the release of the pledge effective September 16, 2025. No change in the promoter's underlying shareholding — only the encumbrance has been removed.

Likely market impact

Removes a significant overhang on Thyrocare stock as the entire promoter holding was pledged, which had posed a risk of forced selling. The simultaneous debt restructuring at the parent level is seen as a positive signal, reducing financial stress concerns for retail shareholders.