Promoter Amit Goenka releases pledge on 3.1 lakh shares
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Promoter and Managing Director Amit Goenka has released the pledge on 3,10,656 equity shares (about 1.30% of share capital) of Nisus Finance. Encumbered shares fell from 56,57,928 (23.70%) to 53,47,272 (22.40%). The release was due to prepayment by a subsidiary. Promoter holding remains 73.98% of total share capital.
Pledge release reduces encumbrance on promoter shares, signaling subsidiary debt prepayment and lower collateral risk.