Announced Mon, 25 May · 17:04 IST

Board approves Dividend

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+13.4%1-day move
₹100.00
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₹108.01
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AI summary

Nexome Capital Markets Ltd's Board recommended a final dividend of Rs. 1.50 per equity share (face value Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM on August 11, 2026. The record date is fixed for July 31, 2026. The company reported strong financial results with net profit of Rs. 1,157.12 lakhs for FY26, up nearly 10x from Rs. 117.96 lakhs in FY25. Basic EPS stands at Rs. 19.48. The Board also approved a completed rights issue of 29,38,500 shares at Rs. 75 each (raising Rs. 2,203.88 lakhs) and conversion of 19.2 lakh warrants into equity shares.

Likely market impact

The dividend is modest at Rs. 1.50 per share given the strong earnings jump. With the substantial capital raise, the company is in an expansion phase. Shareholders should benefit from the strong profit growth once the new capital is deployed productively.