BSEInsider Trading / SAST6d ago · 14 Aug 2026, 11:15 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd
Thyrocare Technologies Ltd · 539871
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Catalyst Trusteeship Limited, acting as Debenture Trustee for API Holdings Limited, has released a pledge on 1,75,00,000 equity shares of Thyrocare Technologies Limited, resulting in a 10.99% stake in the company.
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Governance Concern1/10
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Thyrocare Technologies Ltd - 539871 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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CTL/SAST/26-27/01181 August 13, 2026
BSE Limited National Stock Exchange of India Limited –
Phiroze Jeejeebhoy Towers Corporate Office
Dalal Street, Exchange Plaza, C-1, Block G,
Mumbai- 400001 Bandra Kurla Complex, Bandra (East),
Email: Mumbai – 400051
corp.relations@bseindia.com Email: takeover@nse.co.in
Company Name Thyrocare Technologies Ltd
D/37-1, TTC Industrial Area, MIDC Turbhe,
Navi Mumbai, Maharashtra, 400703
Email: compliance@thyrocare.com
Pledgor Name Docon Technologies Private Limited
Dear Sir/Madam,
Sub: Disclosure pursuant to Regulation 29 (2) of the SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011 in relation to release of pledge on equity shares of Thyrocare
Technologies Ltd
Pursuant to the disclosure required to be made under Regulation 29 (2) of the SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the disclosure in
respect of the release of pledge on equity shares of Thyrocare Technologies Ltd (“Target
Company”) by Catalyst Trusteeship Limited in the capacity of Debenture Trustee for the benefit of
Debenture holders.
For Catalyst Trusteeship Limited
Authorised Signatory
Name: Deesha Srikkanth
Designation: Senior Vice President
Place: Mumbai
Date: August 13, 2026
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Thyrocare Technologies Limited
Name of the Target Company (TC)
Catalyst Trusteeship Limited acting as Debenture Trustee on
Name(s) of the acquirer and Persons Acting in Concert
behalf of Debenture Holders of API Holdings Limited
(PAC) with the acquirer
Whether the acquirer belongs to Promoter/Promoter group
BSE Limited
Name(s) of the Stock Exchange(s) where the shares of
National Stock Exchange of India Limited
TC are Listed
Number % w.r.t. total % w.r.t. total
share/voting diluted
Details of the Acquisition as follows capital wherever share/voting
applicable (*) capital of the
TC (**)
Before the acquisition under consideration, holding of:
Nil Nil Nil
a) Shares carrying voting rights
b) Shares in the nature of encumbrance (pledge/
9,69,69,696 60.92 60.75
lien/ non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares
Nil Nil Nil
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive Nil Nil Nil
shares carrying voting rights in the T C (specify
holding in each category)
e) Total (a+b+c+d) 96,969,696 60.92 60.75
Details of acquisition/release:
Nil Nil Nil
a) Shares carrying voting rights acquired/sold
b) VRs acquired /sold otherwise than by shares
Nil Nil Nil
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
Nil Nil Nil
shares carrying voting rights in the TC (specify
holding in each category) acquired/sold
d) Shares in nature of encumbrance (release/pledge
1,75,00,000 10.99 10.96
/ lien / non-disposal undertaking / others)
e) Total (a+b+c+/-d) 1,75,00,000 10.99 10.96
After the acquisition/sale, holding of:
a) Shares carrying voting rights
7,94,69,696 49.93 49.78
b) Shares encumbered with the acquirer
Nil Nil Nil
c) VRs otherwise than by shares
Nil Nil Nil
d) Warrants/convertible securities/any other instrument
Nil Nil Nil
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) after acquisition
e) Total (a+b+c+d)
7,94,69,696 49.93 49.78
Release of pledge on 1,75,00,000 equity Shares
Mode of release/ acquisition / sale (e.g. open market / off-
of Thyrocare Technologies Limited by Catalyst
market / public issue / rights issue / preferential allotment /
inter-se transfer etc). Trusteeship Limited, acting as Debenture
Trustee, to secure the obligations of API
Holdings Limited in respect of the secured,
unlisted, redeemable non-convertible
debentures issued by API.
August 11, 2026
Date of acquisition / Release of shares / VR or date of receipt
of intimation of allotment of shares, whichever is applicable
15,91,65,315 Equity shares having face value
Equity share capital / total voting capital of the TC before the
of Rs. 10 each
said acquisition / sale
Total equity share capital of the Target
Equity share capital/ total voting capital of the TC after the
Company: 15,91,65,315 equity shares of ₹10
said acquisition / sale
each.
15,96,30,252 equity shares having face value of
Total diluted share/voting capital of the TC after the said
Rs. 10 each
acquisition
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock
Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of
the outstanding convertible securities/warrants into equity shares of the TC.
Signature of the acquirer:
For Catalyst Trusteeship Limited
Authorised Signatory
Name: Deesha Srikkanth
Designation: Senior Vice President
Place: Mumbai
Date: August 13, 2026