NSEDisclosure under SEBI Takeover Regulations1d ago · 24 Sept 2026, 12:33 pm
Disclosure under SEBI Takeover Regulations
Nuvama Wealth Management Limited · NUVAMA
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Nuvama Wealth Management Limited has received a disclosure under SEBI Takeover Regulations from Pagac Ecstasy Pte Ltd, a promoter of the company, regarding the creation of certain encumbrances in connection with overseas facilities availed by Pagac Ecstasy for its personal use. The disclosure includes additional information regarding the reasons for the encumbrances and the underlying amounts of the facilities secured by the encumbrances.
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Pagac Ecstasy Pte Ltd has submitted to the exchange a copy of Disclosure under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011
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PAGAC ECSTASY PTE. LTD.
(Company Registration No. 202024187D)
(Incorporated in the Republic of Singapore)
September 11, 2026
Exchange Plaza,
Bandra Kurla Complex, Bandra (E),
Mumbai - 400 051
801 to 804, Wing A, Building No 3,
Inspire BKC,
G Block BKC, Bandra (East),
Mumbai 400051
Sub: Disclosure under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeover)
Regulations, 2011 and Disclosure of reasons for encumbrance by promoter of listed companies
Dear Sir/Madam,
PAGAC Ecstasy Pte. Ltd. ( PAG Ecstasy ), a promoter of Nuvama Wealth Management Limited ( NWM ), had
created certain encumbrances in connection with overseas facilities availed by PAGAC Ecstasy for its personal
use. Disclosure for this had been filed by PAGAC Ecstasy on December 20, 2024 in terms of Regulation 31(1)
of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 and the SEBI Master Circular No.
SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated February 16, 2023.
In furtherance of the above, please find enclosed: (i) disclosures at Annexure I in terms of Regulation 31(1) of
SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011; and (ii) additional disclosure regarding
reasons for encumbrances as per the SEBI Master Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated
February 16, 2023 at Annexure II, being made to record the increase in underlying amounts of such facilities
secured by the aforementioned encumbrances. No further pledge or encumbrances have been created over any
additional equity shares of the TC held by PAG Ecstasyfrom the date of the last disclosure referenced above.
Kindly acknowledge and include the same in your records.
Thank you,
Yours Faithfully,
[Signature page to follow]
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