Themis Medicare promoter pledges 27.49% stake for ₹135 crore
pre-market1 source ↓written by the desknot a recommendation
- has pledged
- 2,53,17,620 shares
- of the company’s
- 27.49%
- debt
- ₹135 crore
- of the promoter
- 40.96%
Vividhmargi Trust, a promoter of Themis Medicare, has pledged 2,53,17,620 shares, representing 27.49% of the company’s total share capital, to secure a ₹135 crore debt. This encumbrance raises governance concerns as 40.96% of the promoter holding is now encumbered, potentially impacting investor confidence and share price stability during market fluctuations.
The high pledge levels necessitate close monitoring due to risks associated with margin calls in volatile conditions.
Not investment advice. For informational purposes only.