Promoter Amit Goenka releases pledge on 3.1 lakh shares of Nisus Finance
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 2.2 pts less than its Holding Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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%.
Positive signal. Pledge reduced from 23.70% to 22.40% on account of subsidiary debt prepayment, easing promoter encumbrance.