Disclosure under Regulation 10(6) of SEBI (SAST) Regulations, 2011
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Lend Lease Company (India) Limited, part of the promoter group of Nexome Capital Markets Ltd, acquired 11,61,988 equity shares (11.54% of the total share capital) by subscribing to the company's Rights Issue, including additional shares allotted. As a result, Lend Lease Company's stake in Nexome rose from 2,89,000 shares (4.92%) to 14,50,988 shares (16.46%) of the total share capital. The acquisition was made under the exemption provided by Regulation 10(4)(a) and (b) of SEBI Takeover Regulations, which exempts rights issue allotments to existing shareholders from the open offer requirement. The disclosure was filed on March 27, 2026.
This signals increased promoter confidence and commitment to the company, as the promoter group chose to fully subscribe to its rights entitlement and even took up additional shares. For shareholders, this is generally seen as a positive signal of promoter faith in the business, though it also increases the promoter group's stake significantly above 15%.