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Nisus Finance Services Co LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Nisus Finance Services Co Limited's promoter, Amit Goenka, has clarified and updated the disclosure regarding the release of a pledge on 4.70 Cr equity shares. This action follows the part repayment of a loan. Previously, these shares were pledged in favor of Catalyst Trusteeship Limited on behalf of lenders including Tata Capital and DSP Finance. Post this transaction, 4.50 Cr shares, representing 18.85% of the company's total share capital, remain pledged by the promoter. This development significantly reduces the overall encumbered promoter holding, which is generally viewed positively by investors.

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