KIMS promoters pledge 6.66% stake to Catalyst Trusteeship
- Promoters pledged 2,80,08,979 shares representing 6.66% of KIMS capital
- Pledge made to Catalyst Trusteeship Limited as Debenture Trustee
- Transaction date recorded as September 18, 2026
- Total share capital remains unchanged at ₹84,00,12,968

*this image is generated using AI for illustrative purposes only.
Krishna Institute of Medical Sciences Ltd promoters Bhaskara Rao Bollineni and Bollineni Seenaiah Naidu have pledged 2,80,08,979 equity shares, representing 6.66% of the company's total share capital. The pledge was executed in favour of Catalyst Trusteeship Limited, acting as the Debenture Trustee for debenture holders.
The transaction was disclosed pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The date of acquisition of the encumbrance was recorded as September 18, 2026. Catalyst Trusteeship Limited filed the disclosure with both the National Stock Exchange of India and BSE Limited on September 22, 2026.
Pledge Details and Shareholding
The pledged shares constitute a significant portion of the promoter group's holding, serving as security for debentures issued by the company. The acquirer in this context is the Debenture Trustee, which does not belong to the Promoter or Promoter group category but holds the shares in a fiduciary capacity.
| Particulars | Details |
|---|---|
| Target Company | Krishna Institute of Medical Sciences Ltd |
| Pledgor(s) | Bhaskara Rao Bollineni and Bollineni Seenaiah Naidu |
| Beneficiary | Catalyst Trusteeship Limited (Debenture Trustee) |
| Number of Shares | 2,80,08,979 |
| Percentage of Capital | 6.66% |
| Date of Pledge | September 18, 2026 |
| Total Share Capital | ₹84,00,12,968 (42,00,06,484 shares) |
Regulatory Compliance
The disclosure confirms that prior to this acquisition, the acquirer held no voting rights or encumbered shares in the target company. Following the pledge, the total holding of the acquirer along with Persons Acting in Concert remains at 2,80,08,979 shares, all classified under encumbrance. The mode of acquisition is explicitly stated as a pledge of equity shares rather than a transfer of ownership or voting rights.
The total diluted share/voting capital of the company remains unchanged at ₹84,00,12,968, comprising 42,00,06,484 equity shares with a face value of ₹2 each. This indicates that the pledge does not alter the capital structure of the company, only the ownership status of specific promoter-held shares until the debt obligation is met.
Historical Stock Returns for Krishna Institute of Medical Sciences
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.85% | +3.87% | +1.80% | +23.48% | +7.77% | +225.27% |
What are the specific terms and maturity dates of the debentures secured by this pledge?
How does this new pledge impact the promoters' total unencumbered shareholding and future borrowing capacity?
Are there any covenants that could trigger a forced sale of these shares if the company's financial metrics deteriorate?


































