Medplus promoters pledge shares to refinance debt

Agilemed Investments Private Limited, a promoter of Medplus Health Services Limited, disclosed the pledging of 4,851,066 equity shares on December 19, 2025. This action is part of an initiative to refinance the company's existing debt, which includes non-convertible debentures. The pledged shares represent 4.05% of the total share capital.

The incremental pledge, linked to the refinancing of existing debt in the form of non-convertible debentures (NCDs), will temporarily increase the promoter group's share pledge from 23.91% to 27.96%. Upon successful completion of the debt refinancing and the release of existing pledged shares, the aggregate promoter group share pledge is projected to decrease to 24.48%.

The borrowed funds, totaling INR 1,75,00,00,000, will be utilized to retire existing non-convertible debentures issued by Agilemed Investments Private Limited. The pledged shares were valued at INR 3,88,88,57,058.90 based on the closing price of INR 801.65 as of December 16, 2025.