Announced Thu, 4 Dec · 13:52 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 03, 2025 for Amit Goenka

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Amit Goenka has created a new pledge on shares of Nisus Finance Services on December 03, 2025. His total promoter holding stands at 1,75,09,198 shares (73.33% of total share capital). Before this event, 45,00,000 shares (18.85%) were already encumbered; after the new pledge, total encumbered shares rise to 20.14% of share capital — meaning roughly 1.30% of equity was newly pledged. The pledge is in favour of Vistra ITCL (India) Limited acting as Trustee for Aquilon Capital Emerging Sectors Fund I, to secure Secured Non-Convertible Debentures issued by group company Nisus Fincorp Private Limited. Other persons acting in concert hold negligible stakes (17 shares each).

Likely market impact

This is a creation of a fresh encumbrance by the promoter, increasing the pledged portion of his holding from 18.85% to 20.14%. While the promoter remains firmly in control at 73.33%, the higher encumbrance level raises the risk for retail shareholders — if the NCDs default, a significant block of promoter shares could be invoked by the lender, potentially leading to forced selling or a change in promoter holding.