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SMIFS Capital Markets Limited has completed a postal ballot (via remote e-voting from March 11 to April 9, 2025) seeking shareholder approval to change the company's name and amend its Memorandum and Articles of Association. The special resolution was passed with the requisite majority. Promoters (30,64,051 shares, 100%) and public institutional shareholders (8,16,811 shares, 100%) voted entirely in favour. Among public non-institutional shareholders, only 4.48% of their holdings were polled (89,451 shares), with 31.13% voting in favour (27,845 shares) and 68.87% voting against (61,606 shares). Note: The BSE source header refers to 'Nexome Capital Markets Ltd,' but the filing itself is from SMIFS Capital Markets Limited (CIN: L74300WB1983PLC036342).
Shareholders should expect a formal name change to be effected once regulatory approvals (MCA, NSE/BSE) are received, which may require updates to share certificates and demat records. This is a corporate identity change and has no direct impact on share price, capital structure, or shareholder value.