Nisus Finance Services Co Limited , a company listed on the BSE SME platform, has seen a significant release of pledged shares by Catalyst Trusteeship Limited. This corporate action, which took place on October 17, 2025, has resulted in a substantial reduction of Catalyst Trusteeship's encumbered shareholding in the company.

Pledge Release Details

The pledge release involved 47,00,000 equity shares of Nisus Finance, which were previously held as security on behalf of lenders Tata Capital Limited and DSP Finance Private Limited. This move has led to a notable decrease in Catalyst Trusteeship's encumbered stake in the company.

Impact on Shareholding

The release of the pledge has nearly halved Catalyst Trusteeship's encumbered shareholding in Nisus Finance. This change represents a reduction of 19.68 percentage points in their stake held as security.

Company Overview

Nisus Finance has a total equity share capital of Rs. 23,87,81,000, divided into 2,38,78,100 equity shares with a face value of Rs. 10 each. The company's shares are listed on the SME platform of BSE Limited.

Regulatory Compliance

This transaction was disclosed in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure was made by Catalyst Trusteeship Limited, acting in its capacity as the security trustee for the lenders.

The pledge release marks a significant change in the security structure of Nisus Finance's shares, potentially impacting the company's shareholding pattern and financial arrangements with its lenders.

Nisus Finance Services Co Limited (BSE: NISUS | 544296 | INE0DQN01013) has made a strategic move in the urban infrastructure sector by acquiring a majority stake in New Consolidated Construction Company Ltd (NCCCL) through a management-led buyout. The transaction, valued at ₹70.00 crores, aims to bolster NCCCL's financial position and capitalize on emerging infrastructure opportunities in India.

Transaction Details

• Nisus Finance, through its subsidiary Nisus Finance Projects LLP, has acquired a majority stake in NCCCL.
• The deal involves an all-cash, management-led buyout.
• Nisus has infused ₹70.00 crores as primary growth capital into NCCCL.

Strategic Rationale

The acquisition aligns with Nisus Finance's strategy to scale and consolidate India's infrastructure ecosystem. Key benefits include:

1. Strengthened Urban Infrastructure Platform: Integrates Nisus' capital strength with NCCCL's eight-decade legacy in construction.
2. Diversified Revenue Streams: Enables Nisus to participate in value creation through financing and capturing operating leverage in the construction value chain.
3. Enhanced Developer Relationships: Expands access to marquee developer clients and premium project pipelines.
4. Operational Upside: Leverages NCCCL's proven project delivery capabilities to unlock efficiencies and synergies.

Leadership Continuity

• Mr. Mahesh Mudda, MD & CEO of NCCCL, will assume the role of Promoter.
• The senior leadership team of NCCCL will remain intact, ensuring stability and execution excellence.

Growth Outlook

The transaction positions Nisus Finance to capitalize on India's infrastructure boom:

• Leverage sectoral tailwinds driven by urbanization, housing demand, smart cities, and new-age assets.
• Scale Assets Under Management (AUM) and enhance returns by combining financing expertise with direct execution exposure.
• Advance Nisus' vision of becoming a differentiated financial and operating partner in India's building infrastructure development.

Management Commentary

Amit Goenka, Chairman & Managing Director of Nisus Finance Services Co Limited, stated, "This acquisition unlocks a new growth chapter for Nisus. It represents a unique synergy between our vision for urban infrastructure and NCCCL's decades of execution excellence. We are positioned to capture significant operating leverage and drive scale, efficiency, and resilience in a sector supported by strong structural tailwinds."

Mahesh Mudda, MD & CEO of NCCCL, added, "As a professional-turned-Promoter, I'm investing not just my four decades of sectoral experience but also my conviction into taking NCCCL to the next orbit. With Nisus' capital strength and strategic foresight, we will institutionalize execution while staying rooted in our core values of trust and engineering excellence."

About NCCCL

This strategic acquisition marks a significant milestone for both Nisus Finance and NCCCL, positioning them to play a pivotal role in India's urban infrastructure development landscape.