The Promoter Group of Apollo Hospitals, represented by Suneeta Reddy, sold 1,897,239 equity shares, amounting to a 1.3 per cent stake in Apollo Hospitals Enterprise through a block deal on stock exchanges today.
Suneeta Reddy is currently the Managing Director of Apollo Hospitals Enterprise. The shares were sold at Rs 7,850 each, reflecting a 1 per cent discount to yesterday’s closing price. Reddy held a 3.36 per cent stake in the company as of June 30, per exchange data.
Promoter group holding in Apollo Hospitals drops to 28 per cent
The sale proceeds will be used to reduce the Promoter Group’s outstanding debt. Following the transaction, the Promoter Group’s holding in Apollo Hospitals will fall to 28 per cent from the earlier 29.3 per cent, while pledged holdings as a percentage of total holding will drop from 13.1 per cent to 2 per cent. The move fulfills a commitment made to investors to reduce pledged shares.
No further stake reduction planned
Morgan Stanley India Company Private acted as the selling broker for the block deal.The Promoter Group emphasized that it remains fully committed to the growth of Apollo Hospitals, Apollo Health Co, and Apollo Health and Lifestyle, aiming to create long-term value in each vertical. The group said in apress release on Friday that there are no plans for further stake reduction in the foreseeable future.
Share price of Apollo hospital
The share price of Apollo Hospitals has delivered a return of 26.81 per cent over the past six months. So far in 2025, the Apollo Hospital share price surged nearly 8 per cent.
In Q1FY26, Apollo Hospitals posted a consolidated revenue of Rs 5,842 crore. This is a 15 per cent year-on-year (YoY) increase over Rs 5,086 crore in Q1 FY25. Furthermore, the company’s consolidated EBITDA surged by 26 per cent YoY to Rs 852 crore.
The EBITDA margin expanded to 14.6per cent compared to 13.3 per cent the previous year. Consolidated PAT increased 42per cent YoY to Rs 433 crore, versus Rs 305 crore in Q1 FY25.