Announced Thu, 26 Mar · 18:09 IST

Disclosure pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011

Promoter Stake BuyCreeping Acquisition Near ThresholdPromoter Below 50pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.2%1-day move
₹77.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.2+3.9+3.9+7.8+12.6+19.6+46.8+43.3+47.3+59.0
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AI summary

Mr. Utsav Parekh, Director belonging to the promoter group of Nexome Capital Markets Ltd (formerly SMIFS Capital Markets Ltd), has disclosed the acquisition of 1,48,100 equity shares of the company. The acquisition was on March 24, 2026, through a Rights Issue allotment, which raised the company's equity share capital from Rs. 5.87 crore to Rs. 8.81 crore. After this acquisition, Mr. Parekh's total holding (including 3,88,000 warrants) stands at 5,32,300 shares, representing 16.04% of total share capital and 14.95% on a fully diluted basis, up from 8.24% diluted holding prior to the issue. The disclosure was filed by the company on March 26, 2026, listing persons acting in concert including family members, group entities, and two family trusts.

Likely market impact

This is a promoter-group acquisition via a Rights Issue, meaning Mr. Parekh subscribed to his entitled rights rather than buying from the market — this is a supportive signal showing promoter commitment to the company, though it also dilutes non-participating shareholders.