File picture Apollo Hospitals Enterprise Managing Director Suneeta Reddy.

Promoter group of Apollo Hospitals Enterprise (AHEL) represented by Managing Director Suneeta Reddy on Friday offered 1,897,239 fairness shares, amounting to 1.3% stake, in a transaction price greater than ₹1,489 crore.

The stake sale was by way of block deal on the inventory exchanges at a worth of ₹7,850 per share, which was a reduction of minus 1% to the closing worth on Thursday (August 21, 2025), the corporate mentioned on Friday (August 22, 2025).

The sale proceeds will probably be utilised to pare down excellent debt of the promoter group. Subsequent to the sale, the promoter group holding in Apollo Hospitals will cut back to twenty-eight%, from the present 29.3%. The pledged holdings of the promoter group (as a proportion of their whole holding) will cut back from 13.1% to round 2%. The transaction fulfils a dedication made to buyers to scale back the pledge, the healthcare supplier mentioned in a launch.

Ms. Reddy holding in AHEL was 3.36% as per the promoter’s shareholding sample for the quarter ended June.

No plan for additional stake discount

“The promoter group continues to remain absolutely centered on the expansion of Apollo Hospitals, Apollo Health Co and Apollo Health and Lifestyle — to create long-term worth in every vertical, reiterating their dedication in the direction of high-quality healthcare for each Indian. The promoter group doesn’t have any plan of any additional stake discount within the foreseeable future,” it mentioned. Morgan Stanley India Company acted as a promoting dealer to the sale.

On Friday, AHEL shares closed flat at ₹7,920.75 every on the BSE. On Thursday, the shares had closed at ₹7,925.10 apiece.

Published – August 22, 2025 07:39 pm IST