Announced Fri, 21 Aug · 11:21 IST
Promoter Amit Goenka releases pledge on 3.1 lakh shares of Nisus Finance
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹173.25
prior close
₹177.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——-0.0-0.0-4.0-1.3-3.0-4.2-5.2-8.2-14.0-12.8——
Up moveDown movePending
AI summary
Mr. Amit Goenka, Promoter and Managing Director of Nisus Finance Services, released pledge on 3,10,656 equity shares (1.30% of share capital). Pledge was with Vistra ITCL India Limited as Debenture Trustee for subsidiary Nisus Fincorp's secured NCDs, released due to prepayment of those NCDs. Post-release, pledged shares stand at 53,47,272 or 22.40% of total share capital. Promoter holding remains unchanged at 73.98%.
Likely market impact
Positive signal. Pledge reduced from 23.70% to 22.40% on account of subsidiary debt prepayment, easing promoter encumbrance.