Nuvama Wealth Management Limited, through its promoter PAGAC Ecstasy Pte Ltd, has submitted a disclosure to BSE Limited and the National Stock Exchange of India Limited under Regulation 31(4) of the SEBI Takeover Regulations. The filing pertains to the financial year ended March 31, 2026, and was dated April 8, 2026.
The declaration confirms that the promoters and promoter group entities have not created any encumbrance on their shareholding in Nuvama Wealth Management Limited during the period, beyond what was already disclosed and on record. PAGAC Ecstasy Pte Ltd is classified as a promoter, while Asia Pragati Strategic Investment Fund is classified as a promoter group entity.
No fresh pledges or liens were created on the promoter-held equity shares during the entirety of FY26. Any previously reported encumbrances remain as earlier disclosed, with no additions during the fiscal year.
The filing is made in compliance with Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011, which requires promoters of listed companies to submit an annual declaration regarding encumbrances on their shareholding.
Gauravjit Singh signed and submitted the declaration on behalf of the promoters and members of the promoter group of Nuvama Wealth Management Limited. The disclosure was addressed to the listing departments of both BSE, where its equity shares are listed under scrip code 543988, and NSE, where they trade under the symbol NUVAMA.
A copy of the declaration was also submitted to the company secretary of Nuvama Wealth Management Limited for records.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.