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The latest announcement is out from MedPlus Health Services Ltd. ( (IN:MEDPLUS) ).
MedPlus Health Services Limited has disclosed that its promoter entity, Agilemed Investments Private Limited, has created a pledge over 48,51,066 equity shares of the company in compliance with Regulation 31 of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011. The move, formally notified to BSE and NSE, represents an encumbrance on a portion of the promoter’s holdings and is significant for investors tracking promoter share pledging activity, as it may influence perceptions of the company’s capital structure and promoter financing position, though no change in control or ownership has been indicated.
More about MedPlus Health Services Ltd.
MedPlus Health Services Limited is a listed healthcare company based in Hyderabad, operating in the pharmacy and health services sector. It focuses on providing retail pharmaceutical products and related health services across India, with its shares traded on both BSE and NSE under the symbol MEDPLUS.
Average Trading Volume: 21,938
Technical Sentiment Signal: Buy
Current Market Cap: 95.9B INR
Learn more about MEDPLUS stock on TipRanks’ Stock Analysis page.