Themis Medicare Ltd releases pledge on 1.5 million shares held by Vividhmargi Investments

What Themis Medicare announced

Themis Medicare Limited (BSE: 530199) filed a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on 20 July 2026. The filing confirms that Vividhmargi Investments Private Limited, a promoter of Themis Medicare, released a pledge on 1,500,000 equity shares on 8 July 2026 after repaying a loan to Bajaj Finance Limited.

Details of the pledge release

• Promoter and holding: Vividhmargi Investments Private Limited held 2,44,29,460 shares, representing 26.52% of Themis Medicare’s total share capital, as reported on 16 July 2026.
• Encumbered shares before release: The promoter had pledged 1,500,000 shares, equivalent to 1.63% of the company’s capital, as security for a loan from Bajaj Finance Limited.
• Event date: The pledge was released on 8 July 2026 following repayment of the loan.
• Post‑event status: After the release, the number of pledged shares fell to zero; no further encumbrance remains on the promoter’s holdings.
• Creditor: The pledged shares were originally held in favour of Bajaj Finance Limited.

The revised disclosure replaces an earlier filing dated 16 July 2026 and is submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) as required by Regulation 31(1) and 31(2).

Regulatory framework (Regulation 31)

Regulation 31 of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 mandates that promoters and persons acting in concert disclose any creation, release, or invocation of encumbrances on shares of a listed company. The purpose is to ensure transparency for shareholders and market participants regarding the security interests that may affect voting rights or the free flow of shares. The filing must be made within the prescribed time‑frame and in the format prescribed by the exchanges. Themis Medicare’s submission satisfies these statutory requirements by providing the promoter’s shareholding, the nature of the encumbrance (pledge), the entity benefitting from the pledge, and the exact dates of creation and release.

Key facts at a glance

Why this matters for investors

The release of pledged shares reduces the encumbrance on the promoter’s stake, thereby improving the free‑float and the voting power that remains unencumbered. For existing shareholders, the removal of a pledge eliminates the risk that a large block of shares could be called in by a creditor, which could otherwise trigger a sudden shift in control or affect market liquidity. The filing also demonstrates compliance with SEBI’s disclosure norms, reinforcing corporate governance standards. No new encumbrances have been created, and the promoter’s shareholding remains unchanged apart from the removal of the pledge.

Conclusion

Themis Medicare’s revised disclosure confirms that Vividhmargi Investments has fully repaid its loan to Bajaj Finance and released the 1.5 million pledged shares on 8 July 2026. Consequently, the promoter’s holdings are now free of any pledge, and the company remains in compliance with SEBI’s Regulation 31 requirements. The filing was made on 20 July 2026 and is publicly available on the BSE portal.