NSEDisclosure under SEBI Takeover Regulations19 Jun 2026 · 19 Jun 2026, 04:08 pm
Disclosure under SEBI Takeover Regulations
Nuvama Wealth Management Limited · NUVAMA
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PAGAC Ecstasy Pte Ltd, a member of Nuvama Wealth Management Limited's promoter group, has submitted a disclosure under Regulation 31(4) of the SEBI Takeover Regulations. The announcement confirms that the promoters and persons acting in concert have not encumbered any of their shareholdings in the company. This means no shares have been pledged by the promoter group. For investors, this declaration indicates stability in the promoter's stake and a potentially lower risk profile related to promoter share pledges.
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Full Announcement
PAGAC Ecstasy Pte Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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April 8, 2026
The Manager, The Manager, The Audit Committee,
Listing Department, Listing Department, Nuvama Wealth
BSE Limited, National Stock Exchange of Management Limited
Phiroze Jeejeebhoy Tower, India Ltd., 801- 804, Building No. 3,
Dalal Street, Exchange Plaza, 5 Floor, Plot G Block, Wing A,
Mumbai - 400 001. C/1, G Block, Inspire BKC, Bandra Kurla
BSE Scrip Code: 543988 Bandra - Kurla Complex, Complex,
Bandra (E), Bandra East,
Mumbai - 400 051. Mumbai - 400051
NSE Symbol: NUVAMA
Sub: Disclosure under Regulation 31(4) of Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulation, 2011
Dear Sir/ Madam,
Pursuant to Regulation 31(4) of Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011, we hereby declare that the
Promoters/Members of the Promoter Group (listed below) of Nuvama Wealth Management
Limited (“the Company”) and persons acting in concert, have not made any encumbrance in
respect of their shareholding in the Company, directly or indirectly during the financial year
ended March 31, 2026 other than already disclosed.
Details of Entity on whose behalf the declaration is being submitted:
Sr. Name of the Entity Category
1. PAGAC Ecstasy Pte Ltd Promoter
2. Asia Pragati Strategic Investment Fund Promoter Group
Kindly take the above on your record and oblige.
Yours faithfully,
For and on behalf of Promoters and Members of the Promoter Group of Nuvama Wealth
Management Limited
Gauravjit Singh
PAGAC Ecstasy Pte Ltd
(Promoter)
Copy to:
1. The Company Secretary, Nuvama Wealth Management Limited