The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 29, 2025 for Dr. Kapil Kumar
YATHARTH · price
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Promoter Dr. Kapil Kumar has created a pledge on 82,01,754 shares of Yatharth Hospital, which is about 8.51% of the company's total share capital. The pledge was created on March 27, 2025, and disclosed to the exchanges on March 29, 2025. The purpose stated is to avail a personal loan. Before this, Dr. Kapil Kumar had no shares encumbered, so his entire pledged stake is fresh. After the pledge, his encumbered holding stands at 82,01,754 shares (8.51%). The lenders involved are Aditya Birla Finance Ltd, IIFL Finance Ltd, Jio Finance Ltd, and Bajaj Finance Ltd. Dr. Kapil Kumar personally holds 1,21,64,386 shares (12.62%) in the company.
This is a fresh pledge creation by one promoter for a personal loan, not a margin or business-related pledge. Since the pledged shares (8.51%) are well below 50% and the promoter has a healthy unencumbered balance (about 4.11%), the immediate risk to shareholders is low. However, investors should keep an eye on any further encumbrances or invocation events.