Aster DM Healthcare sees release of share encumbrance

Emirates NBD Bank (P.J.S.C.) announced the release of encumbrance on 186,853,810 equity shares of Union Investments Pvt Limited (UIPL), a promoter of Aster DM Healthcare, representing 37.41% of the total share/voting capital. The release took place on February 25, 2025, and pertains to the security created under a UIPL pledge. This action releases an indirect encumbrance over equity shares of Aster DM Healthcare. While this UIPL pledge has been released, the pledge created by UIPL and UMHL over their shareholding in the TC to secure Facility 2, and the Contractual Encumbrance agreed to by UIPL and UMHL under the facility agreement for Facility 2 is continuing. Aster DM Healthcare's equity share capital remains at 49,95,13,060 shares of Rs. 10 each.