Nuvama Wealth Management Limited has informed the stock exchanges that its promoters and promoter group entities did not create any fresh encumbrance on their shareholdings during the financial year ended March 31, 2026. The disclosure was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
PAGAC Ecstasy Pte Ltd, the promoter of Nuvama Wealth Management, along with Asia Pragati Strategic Investment Fund, classified as a promoter group entity, jointly submitted the declaration to the BSE and NSE. The filing confirms that no new pledges, liens, or encumbrances were placed on their equity holding in Nuvama Wealth Management during the financial year 2025-26, other than those already disclosed in prior filings. The entities hold shares directly in the company.
The declaration covers the entire financial year ended March 31, 2026, and serves as an annual compliance requirement under the SEBI regulations. The disclosure was signed by Gauravjit Singh on behalf of PAGAC Ecstasy Pte Ltd, with a copy furnished to the company secretary of Nuvama Wealth Management Limited.
The disclosure was filed with the BSE, where Nuvama Wealth Management trades under scrip code 543988, and the National Stock Exchange, where it trades under symbol NUVAMA. The stock exchange announcement was made public on June 19, 2026, with the original declaration submitted to the company on April 8, 2026.
Under Regulation 31(4) of the SEBI Takeover Regulations, promoters of listed companies must periodically disclose any encumbrances created on their shareholdings. This requirement applies to all promoters and promoter group entities holding equity shares in the company. The regulation is designed to keep the market informed of changes to the security structure of promoter holdings.
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.