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Nisus Finance Expands UAE Footprint with INR 247 Crore Majan Investment

By HDFC SKY | Published at: Feb 25, 2026 05:48 PM IST

Nisus Finance Expands UAE Footprint with INR 247 Crore Majan Investment
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Nisus Finance Services Co Ltd on Wednesday announced that it has invested about INR 247 crore in residential apartments at Majan, Dubai. The company said the move strengthens its UAE real estate portfolio.

The company disclosed the same to the stock exchange under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nisus Finance Services Co Ltd operates across urban infrastructure finance, private capital markets and real estate-focused funds in India, GIFT City and the UAE. Its investment strategy centres on high-yield and special-situation opportunities.

Investment Routed Through High-Yield Growth Fund

The investment, equivalent to roughly AED 100 million, was executed through the Nisus High Yield Growth Fund. With this deal, the fund’s total exposure in the UAE has crossed USD 145 million (around AED 530 million). The company noted that it had already deployed over USD 120 million prior to this transaction.

Management said the acquisition forms part of a planned USD 500 million deployment strategy in the UAE, undertaken in partnership with global institutions and family offices. The announcement comes around two months after Nisus Finance acquired Lootah Avenue at Dubai Motor City for INR 545 crore in December 2025.

Dr Amit Goenka, Chairman & Managing Director, said the Majan asset fits within Dubai’s evolving residential landscape. He described it as a Grade A, newly developed property with established occupancy and rental demand, adding that the transaction reflects the firm’s investment discipline under the DIFC regulatory framework.

The company also stated that this marks its fourth property investment under the fund.

Amit Kumar Jhunjhunwala, Director & Chief Investment Officer, said the latest investment expands the fund’s on-ground presence in the UAE and reflects continued backing from investors aligned with its growth strategy.

The company indicated that further deployments under the fund mandate may follow, subject to market conditions and regulatory approvals.

Shares Trade Lower in Afternoon Session

Shares of Nisus Finance Services Co Ltd (BSE: 544296) were trading at INR 268.00, down 1.40 or 0.52%, as of 2:03 pm IST on February 25, 2026, according to BSE exchange data.

The stock opened at INR 274.75 and moved between a high of INR 277.00 and a low of INR 267.00. The previous closing price stood at INR 269.40. Market capitalisation was around INR 639.93 crore at the time. The 52-week high and low were INR 435.00 and INR 260.00, respectively.

Source:

https://www.bseindia.com/xml-data/corpfiling/AttachLive/a7d75d4c-5831-416f-b471-7135dbdcd1c6.pdf

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