Catalyst Trusteeship Limited has formally disclosed the release of pledge on 10,00,000 equity shares of Nisus Finance Services Co Limited under Regulation 29(2) of SEBI Takeover Regulations. The regulatory filing dated March 9, 2026, confirms the pledge release following part repayment of loans by promoter, marking continued progress in the company's debt reduction initiatives.

Regulatory Disclosure Framework

The disclosure was made by Catalyst Trusteeship Limited acting as security trustee on behalf of lenders Tata Capital Limited and DSP Finance Private Limited. Deesha Srikkanth, Senior Vice President at Catalyst Trusteeship Limited, served as the authorized signatory for the formal intimation to BSE Limited and Nisus Finance Services Co Limited.

Share Release Transaction Details

The pledge release involved 10,00,000 equity shares representing 4.19% of the company's total share capital. This transaction reduced the total encumbered shares held by Catalyst Trusteeship Limited from 51,87,272 shares to 41,87,272 shares.

Company Capital Structure

Nisus Finance Services Co Limited maintains a total equity share capital of ₹23,87,81,000 divided into 2,38,78,100 equity shares of ₹10 each. The capital structure remained unchanged following the pledge release transaction.

Lender Structure and Debt Management

The pledge release mechanism operates through Catalyst Trusteeship Limited acting as security trustee for multiple lenders including Tata Capital Limited and DSP Finance Private Limited. The structured approach demonstrates systematic debt reduction while maintaining appropriate security arrangements for remaining obligations.

The continued reduction in pledged shares reflects the company's commitment to improving its capital structure through disciplined debt management and timely loan repayments, enhancing overall financial flexibility for future growth initiatives.

Nisus Finance Services Co has made a substantial investment of INR 247 crore (AED 100 million) in residential apartments at Majan, Dubai, marking its fourth investment under the company's UAE real estate fund. The investment was executed through the Nisus High Yield Growth Fund and represents a significant expansion of the company's presence in the UAE market.

Investment Details and Regulatory Disclosure

The company announced this strategic investment through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The investment highlights several key parameters:

Strategic Portfolio Expansion

With this latest transaction, Nisus Finance Services Co's total investment in UAE real estate through the fund has crossed USD 145 million. This milestone comes just two months after the company's acquisition of Lootah Avenue at Dubai Motor City for INR 545 crore. The investment is part of Nisus Finance's planned USD 500 million fund deployment in partnership with global institutions and family offices, dedicated to the UAE real estate market.

Management Commentary

Dr. Amit Goenka, Chairman & Managing Director of Nisus Finance, highlighted the investment's strategic value: "Majan represents a compelling opportunity within Dubai's evolving residential landscape. The investment is anchored by a Grade A, newly developed asset, fully occupied with a strong tenant profile and attractive rental yields, and offering uninterrupted views facing Al Barari."

Mr. Amit Kumar Jhunjhunwala, Director & Chief Investment Officer, emphasized the fund's momentum: "This investment marks the fourth residential real estate deployment in the UAE, further strengthening our presence in the country and taking the total investment outlay by the Nisus High Yield Growth Fund within a remarkably short timeframe."

Project and Market Overview

Majan is strategically positioned as a mixed-use community in Dubai Land, covering approximately 1.45 square kilometers along Sheikh Mohammed Bin Zayed Road. The development offers convenient access to Downtown Dubai, Business Bay, and Dubai International Airport. The project features modern amenities and a well-balanced mix of studio, one- and two-bedroom residences, appealing to families and working professionals seeking value and connectivity.

Dubai's real estate market achieved a historic milestone with total transactions exceeding AED 917 billion (USD 250 billion) across 3.11 million deals, representing a 7.00% increase in volume driven by a 24.00% rise in the number of investors to 193,100, according to the Dubai Land Department.