API Holdings repays ₹1,050 cr, frees Thyrocare shares
pre-market1 source ↓written by the desknot a recommendation
- the pledge
- 51.02% of Thyrocare shares
API Holdings has repaid its outstanding debt of ₹1,050 cr, funded by proceeds from selling a portion of its stake in Thyrocare Technologies. This repayment has released the pledge on 51.02% of Thyrocare shares, leaving them fully unencumbered. This move strengthens API's financial position and may enhance investor confidence in the digital healthcare sector.
Not investment advice. For informational purposes only.