Disclosure under SEBI Takeover Regulations
Indraprastha Medical Corporation Limited · INDRAMEDCO
Apollo Hospitals Enterprise Limited, the promoter of Indraprastha Medical Corporation Limited, has submitted a disclosure to the exchanges. This filing is made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation specifically requires promoters to disclose details of any shares they or persons acting in concert have encumbered (pledged or charged). While the specific figures of the encumbrance are not detailed in this announcement, investors should note that the promoter has made a disclosure related to pledged shares. This information is important as encumbered shares can indicate financial leverage and potential impacts on promoter shareholding stability.