Announced Mon, 23 Mar · 12:54 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd

Ownership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹159.65
prior close
₹149.65
base price
In-mkt
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+0.0-0.4-1.4-1.4-4.8+4.7+14.6+24.2+14.7+16.5+54.1+27.2+29.0+27.8
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AI summary

Catalyst Trusteeship Ltd, acting as security trustee on behalf of lenders Tata Capital Ltd and DSP Finance Pvt Ltd, has created a pledge over 5,50,000 equity shares (2.30%) of Nisus Finance Services Co Ltd on March 17, 2026. Before this pledge, Catalyst Trusteeship already held 41,87,272 shares (17.54%) as encumbrance, taking the total encumbered holding to 47,37,272 shares (19.84%) post this transaction. The acquirer is not part of the promoter or promoter group. The shares are listed on the BSE SME platform, and the total share capital remains unchanged at 2,38,78,100 equity shares of Rs. 10 each.

Likely market impact

This is a creation of an additional pledge, not a sale or invocation, so there is no immediate dilution or change in beneficial ownership. Shareholders should note that nearly 1 in 5 shares are now pledged as collateral to lenders, which could become a concern if the loan is not serviced, potentially leading to invocation and change in shareholding.