NSEGeneral Updates18h ago · 19 Aug 2026, 09:01 pm
General Updates
Thyrocare Technologies Limited · THYROCARE
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Thyrocare Technologies Limited has informed the Exchange regarding the complete discharge and release of Transaction Documents pursuant to full redemption and repayment of Non-Convertible Debentures by API Holdings Limited.
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Full Announcement
Thyrocare Technologies Limited has informed the Exchange regarding complete discharge and release of Transaction Documents pursuant to full redemption and repayment of Non-Convertible Debentures by API Holdings Limited
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THYROCARE_19082026210049_SE_Letter_Reg_30A_.pdf
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August 19, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai - 400 051 Mumbai- 400 001
(SYMBOL: THYROCARE) (SCRIP CODE 539871)
Sub : Intimation under Regulation 30 read with Regulation 30A and Schedule III of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding
complete discharge and release of Transaction Documents pursuant to full
redemption and repayment of Non-Convertible Debentures by API Holdings Limited
Dear Sir/Madam,
Further to our previous disclosures dated September 15, 2025, August 13, 2026 and August 17, 2026,
regarding the Non-Convertible Debentures (“NCDs”) issued by API Holdings Limited (the ultimate
holding company of Thyrocare Technologies Limited), which were secured by a pledge of equity
shares held by Docon Technologies Private Limited (“Docon”) in the Company, and the subsequent
release of such pledge, we hereby inform you that we have received a communication from Docon
stating that Catalyst Trusteeship Limited, acting as the Debenture Trustee, issued the No-Dues and
Release Certificate on August 19, 2026, confirming the complete discharge of all obligations under
the NCDs and the Transaction Documents.
The relevant details are set out below:
Sr. No Events/Information Details
1 Date of initial disclosure of September 15, 2025
the execution of the
agreement to the Stock
Exchange
2 Brief details of Termination The NCDs issued by API, aggregating to INR 1,700 crore,
of agreement were secured by pledge of equity shares representing
60.92% of the equity share capital of the Company held by
Docon. Upon full redemption and repayment of the NCDs,
the pledge has been fully released and the Transaction
Documents stand discharged and are no longer operative
or effective.
3 Name(s) of parties with 1. Docon Technologies Private Limited
whom the agreement was 2. API Holdings Limited
entered 3. AHWSPL India Private Limited
4. Catalyst Trusteeship Limited
4 Nature of the agreement Transaction Documents (Debenture Trust Deed, Debenture
Trustee Agreement, Deed of Hypothecation, Share Pledge
Agreements and Deeds of Guarantee)
5 Date of execution of the September 11, 2025 (Original Execution date of Transaction
agreement Documents)
August 19, 2026 (No dues and release certificate received
from Debenture Trustee)
6 Reason for terminating the Full redemption and repayment of the NCDs by API,
agreement resulting in the discharge of the related Transaction
Documents and complete release of the pledge over the
equity shares of the Company.
7 Details of impact of No impact on the Company. The pledge over the equity
termination of the shares has been fully released and all obligations under the
Agreement Transaction Documents have been discharged.
We request you to kindly take the same on your records.
For Thyrocare Technologies Limited
Brijesh Kumar
Company Secretary and Compliance Officer