Promoter Increases Loan Amount Against Pledged Shares to $450M
Nuvama Wealth Management Limited · NUVAMA · NSE ·
<ul> <li>Promoter entity, PAGAC Ecstasy Pte. Ltd., has increased the facility amount secured by its existing share pledge from <b>USD 265 million</b> to <b>USD 450 million</b>.</li> <li>The pledge covers <b>9,69,60,340 shares</b>, representing <b>52.57%</b> of Nuvama's total shar…