Incorporation of Wholly Owned Subsidiary in the name of Nexome Wealth Management Limited on July 22, 2025 as per the Certificate of Incorporation received from the Registrar of Companies, ....
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 incorporated a new wholly owned subsidiary called Nexome Wealth Management Limited in Kolkata, effective July 22, 2025. The Certificate of Incorporation was issued by the Registrar of Companies, Central Registration Centre. The new subsidiary will complement the company's existing capital markets business by adding a wealth management vertical. The intimation was filed under SEBI Listing Regulations, 2015 to keep stock exchanges informed.
This is a routine expansion move that broadens the company's service portfolio into wealth management, potentially creating new revenue streams for shareholders. Near-term impact on stock price is expected to be neutral as no capital raise or material deal value is involved.