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API Holdings repays ₹1,050 crore debt, releases pledge on Thyrocare stake

API Holdings repaid ₹1,050 crore of term debt using Thyrocare stake-sale proceeds and internal accruals, becoming debt-free. The repayment released pledges on Docon’s remaining 51.02% Thyrocare stake, while API shifts focus to profitable growth across its healthcare businesses.

Reported figures

From the report. Source details below

₹653 closing price on 14 August 2026, dividends included

Also in the report

  • 1,57,69,696 Thyrocare shares sold
  • 9.90% of Thyrocare paid-up equity sold
  • ₹433 per share open-offer price in July 2021 (bonus adjusted)

Other figures

  • 41% NIFTY 50 return

The source

Source Read the source at The Hindu BusinessLine

Published

Also reported by YourStory

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