Sowmya Deshpande reduces stake in Family Care Hospitals
Sowmya Deshpande sold 242,598 shares of Family Care Hospitals Limited through open market transactions between May 19, 2026, and May 22, 2026. Following the sale, her holding in the company decreased to 6.38% of the total voting capital. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Sowmya Deshpande reduced her shareholding in family care hospitals Limited by selling 242,598 shares via open market transactions between May 19, 2026, and May 22, 2026. The sale, disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, lowered her stake in the company to 6.38% of the total voting capital.
Prior to the sale, Deshpande held 3,686,117 shares, representing 6.82% of the total share capital. The transactions involved only shares carrying voting rights, with no changes to encumbered shares, warrants, or convertible securities. The acquirer is not part of the promoter or promoter group of the target company.
The equity share capital of Family Care Hospitals Limited remained unchanged at ₹54,01,47,740, comprising 5,40,14,774 shares with a face value of ₹10 each. The total diluted share capital also remained steady at the same figure following the transaction.
Shareholding Details
The following table outlines the changes in Deshpande's shareholding pattern:
| Particulars | Number of Shares | % of Total Share Capital | % of Total Diluted Share Capital |
|---|---|---|---|
| Before Sale | |||
| Shares carrying voting rights | 3,686,117 | 6.82 | 5.28 |
| Sale Transaction | |||
| Shares sold | 242,598 | 0.45 | 0.33 |
| After Sale | |||
| Shares carrying voting rights | 3,443,519 | 6.38 | 5.28 |
The shares of Family Care Hospitals Limited are listed on BSE Limited.
Historical Stock Returns for Family Care Hospitals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.66% | -3.81% | -2.57% | -17.89% | -31.91% | -81.55% |
What are the potential strategic reasons behind Sowmya Deshpande's decision to reduce her stake at this time?
How might this significant share sale impact the stock price and investor sentiment for Family Care Hospitals in the short term?
Is this reduction in shareholding indicative of a broader trend among non-promoter investors exiting the healthcare sector?

































