Nuvama Wealth Management Limited — Others, 13-05-2025: Disclosure under SEBI Takeover Regulations

Nuvama Wealth Management’s promoters and promoter group, including PAGAC Ecstasy Pte Ltd and Asia Pragati Strategic Investment Fund, have confirmed no new encumbrances on their shareholdings during the financial year ended March 31, 2025, beyond previously disclosed ones. This signals promoter holding stability and no additional leveraged risk, which supports shareholder confidence in the company’s ownership structure.