Disclosure pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011
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Progressive Star Finance Private Limited, part of the promoter group of Nexome Capital Markets Ltd, disclosed acquisition of 6,13,519 equity shares through the company's Rights Issue on March 24, 2026. Before the acquisition, the promoter group's holding stood at 12,27,039 shares (20.88% of voting capital). After the rights issue allotment, the holding increased to 18,40,558 shares, though the percentage remained 20.88% due to proportional dilution from the rights issue. The company's equity share capital rose from Rs. 5.87 crore to Rs. 8.81 crore post-allotment. The acquisition was made along with persons acting in concert including Utsav Parekh, Nilangi Parekh, and related entities.
This is a routine promoter group subscription to a rights issue, maintaining their proportional stake at 20.88%. No change in effective control or voting power — shareholders need not worry about any takeover or open offer trigger as the promoter group's shareholding percentage remains unchanged.