DRAFT LETTER OF OFFER FOR RIGHTS ISSUE DATED 02.02.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nexome Capital Markets Ltd (formerly SMIFS Capital Markets Ltd) has approved the Draft Letter of Offer for a Rights Issue on February 2, 2026. The company plans to raise up to ₹2,500 lakhs (₹25 crores) through the issue of equity shares with a face value of ₹10 each. The exact issue price, premium amount, and the rights entitlement ratio are not yet disclosed and will be finalized in the Letter of Offer. The Board first approved the fund-raising plan on July 31, 2025, and a Rights Issue Committee was constituted on January 22, 2026 to oversee the process. The company is listed on BSE (scrip code 508905, symbol NEXOM), and Maheshwari Datamatics is the registrar to the issue.
Eligible shareholders will get the right to subscribe to new shares in proportion to their existing holdings, with the potential for share dilution if they choose not to participate. The company will raise fresh capital of up to ₹25 crores, which could be used for growth or strengthening its capital base. Investors should wait for the final issue price, ratio, and record date announcement to evaluate whether the rights are attractively priced relative to the market.