Outcome of Rights Issue Committee Meeting dated 24.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nexome Capital Markets Ltd (formerly SMIFS Capital Markets Ltd) has completed its Rights Issue which opened on March 13, 2026 and closed on March 23, 2026. The issue was oversubscribed by 100.79%, against a total issue size of Rs. 22.04 crore. The Rights Issue Committee approved allotment of 29,38,500 fully paid-up equity shares at Rs. 75 per share, including a share premium of Rs. 65 per share. Post-allotment, the company's paid-up equity share capital stands at Rs. 8.82 crore, comprising 88,15,500 shares of Rs. 10 each.
Strong 100.79% oversubscription signals healthy investor confidence in the rights issue. Shareholders' holdings may get diluted as paid-up capital has expanded significantly, but the premium pricing and full subscription indicate the market views the capital raise positively.