NSEGeneral Updates2d ago · 17 Aug 2026, 11:09 pm

General Updates

Mankind Pharma Limited · MANKIND

✦ AI SummaryDebt Restruc.

Mankind Pharma Limited has completed the realignment of security cover for its non-convertible debentures, resulting in the release of pledged shares of Bharat Serums and Vaccines Limited. The revised security cover is 1.26 times the outstanding NCDs as on date.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Completion of Realignment of Security Cover in respect of Non-ConvertibleDebentures and Consequent Release of Pledged Shares of Bharat Serums andVaccines Limited

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MANKIND1_17082026230916_Intimation_to_Stk_Exchnage_for_release_of_pledge.pdf

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August 17, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 543904 Symbol: MANKIND Dear Sir/ Madam, Ref.: Regulation 30, 51 and other applicable provisions, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") Subject: Completion of Realignment of Security Cover in respect of Non-Convertible Debentures and Consequent Release of Pledged Shares of Bharat Serums and Vaccines Limited This is in continuation of our earlier intimation dated May 19, 2026, wherein the Company had inter-alia informed the Stock Exchanges regarding approval by the Board of Directors of the Company for realignment of the security cover in respect of the existing Non-Convertible Debentures ("NCDs") bearing ISIN Nos. INE634S07025 and INE634S07033. In this regard, we further wish to inform that in accordance with the terms of the Debenture Trust Deed(s) as amended and the applicable provisions of SEBI (Issue and Listing of Non- Convertible Securities) Regulations, 2021 read with Listing Regulations, as amended, post receipt of requisite approvals of the NCD holders and BSE Limited on July 13, 2026 and on July 21, 2026 respectively, the Company has created the revised security in favour of the Debenture Trustee, viz. Catalyst Trusteeship Limited, over tangible and intangible assets of the Company/its subsidiary(ies). Consequent to creation of the revised security cover as stated above, the pledge on 28,280 equity shares of Bharat Serums and Vaccines Limited (“BSVL”) (constituting 38.68% of the paid-up equity share capital of BSVL), which was subsisting in favour of the Debenture Trustee on behalf of the NCD holders, has been released on August 17, 2026. In compliance with the applicable provisions of the Listing Regulations and the terms of the Debenture Trust Deed(s) the revised security cover is 1.26 times the amount of outstanding NCDs as on date. No shares of BSV are now under pledge for NCDs. The above is submitted for your information and records. Thanking You, Yours Faithfully, For Mankind Pharma Limited Hitesh Kumar Jain Company Secretary & Compliance Officer