Announced Mon, 23 Mar · 17:08 IST

Intimation on closure of the issue period of Rights Issue of Nexome Capital Markets Limited.

Fund Raising View source PDF

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AI summary

Nexome Capital Markets Ltd (formerly SMIFS Capital Markets Ltd) has closed its Rights Issue on March 23, 2026. The issue opened on March 13, 2026 and closed on March 23, 2026 at 5:00 p.m. The Rights Issue Committee had approved the terms on February 24, 2026. The company is issuing equity shares of Rs. 10 face value to raise up to Rs. 2,203.875 Lakhs (~Rs. 22.04 crore). The issue was carried out under the Companies Act, 2013 and SEBI ICDR Regulations, 2018.

Likely market impact

Existing shareholders who did not subscribe to the rights entitlement will see their stake diluted. The fresh capital of around Rs. 22 crore will strengthen the company's equity base, though the specific use of proceeds is not disclosed in this filing.