BSEInsider Trading / SAST4d ago · 26 Aug 2026, 05:39 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DB Trustee (Hong Kong) Ltd
Aster DM Quality Care Ltd · 540975
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Aster DM Quality Care Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from DB Trustees (Hong Kong) Limited, acting as the common offshore security agent, regarding the encumbrance over the equity shares of Union (Mauritius) Holdings Limited, a member of the promoter group of Aster DM Quality Care Limited.
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Aster DM Quality Care Ltd - 540975 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Deutsche Bank
Deutsche Bank AG, Hong Kong Branch
Date: 26 August 2026 Level 60
International Commerce Centre
1 Austin Road West
Kowloon, Hong Kong SAR
BSE Limited National Stock Exchange of Aster DM Quality Care Limited
India Limited (Formerly Aster DM Healthcare
25th Floor, P. J. Towers, Dalal Limited)
Street, Mumbai, Maharashtra – Exchange Plaza, C-1, Block G.
400001, India Bandra Kurla Complex, Bandra, No. 7-1-450/20, Plot No. 04, Mythri
East, Mumbai, Maharashtra – Vihar, Ameerpet, Hyderabad,
400051, India Telangana, 50003
Dear Sir/ Madam,
Sub: Disclosure pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011 in relation to Aster DM Quality Care Limited (Formerly Aster DM Healthcare
Limited)
Pursuant to the requirements of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011 (as amended till date), please find attached the disclosure (as set out in Annexure A) made
by Deutsche Bank Group (DB Trustees (Hong Kong) Limited) acting as the common offshore security agent (the
“Common Offshore Security Agent”) in respect of the encumbrance over the equity shares of Union (Mauritius)
Holdings Limited (which is a member of the promoter group of Aster DM Quality Care Limited (formerly Aster DM
Healthcare Limited)), for the benefit of certain lenders and other finance parties, as described in Annexure A.
Signature of Authorised Signatory
Name: RAMANATHAPURA, Prasanna Venkatesha Murthy Manu
Designation: Vice President
Place: Deutsche Bank AG, Hong Kong Branch
Date: 26 August 2026
Chairman of the Supervisory Board: Alexander R. Wynaendts
Management Board: Christian Sewing (Chairman), Fabrizio Campelli, Raja Akram, Marcus Chromik, Marie-Jeanne Deverdun, Stefan Hoops, Alexander von zur Mühlen, Laura Padovani, Claudio de
Sanctis, Rebecca Short
Deutsche Bank Aktiengesellschaft domiciled in Frankfurt am Main (incorporated in the Federal Republic of Germany and members’ liability is limited);
Local Court of Frankfurt am Main, HRB No 30 000; VAT ID No DE114103379; www.db.com
Format for Disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Name of the Target Company (TC) Aster DM Quality Care Limited (Formerly Aster
DM Healthcare Limited)
Name(s) of the acquirer and Persons Acting in DB Trustees (Hong Kong) Limited acting as the
Concert (PAC) with the acquirer Common Offshore Security Agent
Deutsche Bank AG, Singapore Branch
DB International Trust (Singapore) Limited
DBX Advisors LLC
Whether the acquirer belongs to Promoter/ No
Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited
shares of TC are Listed National Stock Exchange of India Limited
Details of the acquisition as follows Number % w.r.t. total % w.r.t. total
share/ voting diluted share/
capital voting capital
wherever of the TC (**)
applicable (*)
Before the acquisition under consideration,
holding of:
a) Share carrying voting rights 545# 0.00# 0.00#
b) Shares in the nature of encumbrance
(pledge/ lien/ non-disposal undertaking/ 258,952,574## 29.71## 29.71##
others)
c) Voting rights (VR) otherwise than by equity NIL NIL NIL
shares
d) Warrants/convertible securities/any other NIL NIL NIL
instrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category)
e) Total (a+b+c+d)
258,953,119 29.71 29.71
Details of acquisition
a) Shares carrying voting rights acquired NIL NIL NIL
b) VRs acquired otherwise than by equity
shares NIL NIL NIL
c) Warrants/ convertible securities/ any other
instrument that entitles the acquirer to NIL NIL NIL
receive shares carrying voting rights in the
TC (specify holding in each category)
acquired
d) Shares in the nature of encumbrance 19,980,522 2.29 2.29
(pledge/ lien/ non-disposal undertaking/ [Refer to Note [Refer to Note [Refer to Note
others) 1] 1] 1]
e) Total (a+b+c+/-d)
19,980,522 2.29 2.29
After the acquisition, holding of:
a) Shares carrying voting rights 545# 0.00# 0.00#
b) VRs otherwise than by equity shares NIL NIL NIL
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the NIL NIL NIL
TC (specify holding in each category) after
acquisition
d) Shares in the nature of encumbrance 278,933,096 32.00 32.00
(pledge/ lien/ non-disposal undertaking/ [Refer to Note [Refer to Note [Refer to Note
others) 1] 1] 1]
e) Total (a+b+c+d) 278,933,641 32.00 32.00
Mode of acquisition (e.g. open market / public issue Creation of indirect encumbrance (see Note 1
/ rights issue / preferential allotment / inter-se below)
transfer/encumbrance, etc.)
Date of acquisition / sale of shares / VR or date of 24 August 2026
receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the TC 871,672,439 equity shares of Rs. 10/ each
before the said acquisition / sale aggregating to Rs. 8,716,724,390 (as per the
shareholding pattern reported on July 23, 2026 by
the TC).
Equity share capital/ total voting capital of the TC 871,672,439 equity shares of Rs. 10/ each
after the said acquisition / sale aggregating to Rs. 8,716,724,390 (as per the
shareholding pattern reported on July 23, 2026 by
the TC).
Total diluted share/voting capital of the TC after the 871,672,439 equity shares of Rs. 10/ each
said acquisition aggregating to Rs. 8,716,724,390 (as per the
shareholding pattern reported on July 23, 2026 by
the TC).
Note 1:
Union Investment Private Limited (“UIPL”) had availed a term loan facility of up to USD 145,000,000 which has
now been amended to increase the loan amount to USD 160,000,000 (the “Facility 1”), pursuant to the terms
and conditions set out in the facility agreement dated 23 February 2025 the (the “Facility Agreement 1”), and
amended and restated by an amendment and restatement agreement dated 15 July 2026 (the “First Amendment
and Restatement Agreement”) and further amended and restated by an amendment and restatement
agreement dated 24 August 2026 (the “Second Amendment and Restatement Agreement”) entered into, inter
alia, between UIPL (as the borrower) and Barclays Bank PLC, and J.P. Morgan Chase Bank, N.A., London
Branch.
As a separate transaction, Union Investment Private Limited (“UIPL”) has also availed a term loan facility of up to
USD 50,000,000 (the “Facility 2”, and together with Facility 1, the “Facilities”), pursuant to the terms and
conditions set out in the facility agreement dated 24 August 2026 entered into, inter alia, between UIPL (as the
borrower) and Barclays Bank PLC, and J.P. Morgan Chase Bank, N.A., London Branch (the “F2 Facility
Agreement”).
Union (Mauritius) Holdings Limited (“UMHL”) holds 19,980,522 shares in the TC. Pursuant to the terms of the
Second Amendment and Restatement Agreement, and the F2 Facility Agreement, 100% of the equity shares of
UMHL have been pledged in favour of DB Trustees (Hong Kong) Limited (acting as the common offshore security
agent) (the “Common Offshore Security Agent”) to secure the Facilities.
This disclosure is being made in respect of the indirect encumbrance created over 19,980,522 shares in the TC
(being 2.29% of the total share capital of the TC) in favor of the Common Offshore Security Agent for the benefit
of certain lenders and other finance parties under the Facility as described above.
Signature of Authorised Signatory
Name: RAMANATHAPURA, Prasanna Venkatesha Murthy Manu
Designation: Vice President
Place: Deutsche Bank AG, Hong Kong Branch
Date: 26 August 2026
Note:
(*) 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.
(#) As on 24 August 2026, DBX Advisors LLC (a Deutsche Bank enti
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