Nisus Finance Services Co Limited has provided stakeholders with a detailed update on its business operations and financial position amid current geopolitical developments affecting the Gulf region. The company issued a press release on March 5, 2026, addressing concerns about potential impacts on its UAE-based investments and announcing progress on debt reduction initiatives.

UAE Operations Remain Stable

The company confirmed that current geopolitical developments in certain parts of the Gulf region have not affected its business operations. Key operational highlights include:

The company's team in the UAE remains actively engaged with market developments, ensuring continuous monitoring of the evolving situation. All ongoing business activities continue to operate normally without any disruption to operations.

Positive Outlook on UAE Real Estate Market

Despite the current geopolitical environment, Nisus Finance maintains confidence in the UAE real estate market's fundamental strength. The company has strategically acquired pre-leased residential assets at attractive valuations compared to prevailing market levels. The investment portfolio benefits from comprehensive insurance coverage against force majeure events.

The company acknowledges that speculative capital flows may experience delays in investment decisions due to heightened global uncertainty in the near term. However, over the medium to long term, the company maintains a positive outlook on the UAE economy, supported by strong structural fundamentals, policy stability, sustained capital inflows, and the region's growing position as a global financial and investment hub.

Significant Debt Reduction Progress

Nisus Finance announced substantial progress in its deleveraging initiatives, demonstrating strong financial management capabilities. The company had initially raised INR 110 crore of debt from Tata Capital and DSP in August to support the acquisition of its NCCCL stake, with promoter shares pledged as security.

Promoter Pledge Reduction

Following the debt repayment, the company will implement a significant reduction in promoter share pledge. The total promoter share pledge is proposed to be reduced to approximately 44,97,928 shares, representing around 18.84% of the company's total outstanding shares. This reduction demonstrates the company's commitment to reducing leverage and improving its capital structure.

Strong Business Fundamentals

The company emphasized that its core business fundamentals remain robust despite market volatility. Key strengths include a strong capital position, intact investment pipeline, disciplined risk management framework, and continued acceleration of India business operations while diversifying the investment portfolio across geographies.

Nisus Finance continues to evaluate new investment opportunities that may generate additional alpha in the current market environment, maintaining its strategic focus on value creation for stakeholders.

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.