2025-10-24 22:15:42
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Stock Report
Nisus Finance's Promoter Announces Release of Pledged Shares & Company pairing down its Loan Obligation
Posted On : 2025-10-24 17:56:10( TIMEZONE : IST )
Nisus Finance Services Co Limited ("the Company") is pleased to announce that its Promoter, Mr. Amit Goenka, has secured release on pledge of 47,00,000 equity shares of the Company.
These shares were earlier pledged in favour of Catalyst Trusteeship Limited as part of a Rs 110 Cr loan facility availed by the subsidiary entity, which was concluded on August 22, 2025 for which 92,00,000 equity shares were pledged as security.
Following the release, the number of pledged shares has reduced by more than half to 45,00,000 shares, representing 18.85% of the total share capital, compared to 92,00,000 shares (38.52%) prior to the release. The Promoter continues to hold 1,74,92,398 shares, constituting 73.26% of the Company's total paid-up share capital.
Nisus Finance Services Co Limited acquired a majority stake in New Consolidated Construction Company Ltd. (NCCCL) through its subsidiary Nisus Finance Projects LLP in an all-cash, management-led buyout. The total acquisition debt was Rs 110 Cr, which was secured through Tata Capital Limited and DSP Finance Private Limited. The subsidiary has repaid Rs 60 Cr, reducing total debt to only Rs 50 Cr. It has also resulted in the release of pledge of 47,00,000 equity shares.
This development marks a significant step in reducing promoter-level obligations and further strengthening the Company's capital position. The reduction in pledged shares and debt obligation reflects enhanced financial flexibility, improved leverage profile, and the Company's continued focus on prudent financial management and balance sheet resilience.
Nisus Finance remains committed to optimizing its capital structure, maintaining disciplined growth, and upholding transparent governance and responsible financial practices to drive sustainable value creation for all stakeholders.
Shares of Nisus Finance Services Company Limited was last trading in BSE at Rs. 353.30 as compared to the previous close of Rs. 347.90. The total number of shares traded during the day was 50000 in over 80 trades.
The stock hit an intraday high of Rs. 360.00 and intraday low of 342.10. The net turnover during the day was Rs. 17668240.00.
