Catalyst Trusteeship Discloses Encumbrance on Nuvama Wealth Shares

Catalyst Trusteeship Ltd has filed a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, regarding an encumbrance on equity shares of Nuvama Wealth Management Limited. This encumbrance, in the nature of a pledge, pertains to 6,18,85,880 shares, representing 33.90% of the total share capital and 32.83% of the total diluted share capital. The encumbrance was created by PAGAC Ecstasy Pte. Ltd. in favor of certain lenders, with Catalyst Trusteeship acting as the onshore security agent. This disclosure clarifies the existing pledge arrangements and does not involve any new acquisition or sale of shares by Catalyst Trusteeship.