Announced Mon, 20 Apr · 11:56 IST

Outcome of the Board Meeting dated 20.04.2026

Warrants ConvertedFund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹111.53
prior close
₹113.95
base price
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AI summary

Nexome Capital Markets Limited has allotted 19,20,000 equity shares upon conversion of an equal number of equity convertible warrants. The warrant holders paid Rs. 48 per warrant (75% of Rs. 64 issue price) at conversion, totaling Rs. 9.22 crore. The allottees include Mr. Utsav Parekh (Promoter, 3.88 lakh shares), Panchganga Advisors, Monet Securities, Forbes EMF, and Chivas Trading (all Non-Promoter). The paid-up capital has increased to Rs. 10.74 crore comprising 1.07 crore shares of Rs. 10 each. The new shares rank pari-passu with existing shares and the company will seek listing approval.

Likely market impact

The warrant conversion adds Rs. 9.22 crore to the company's capital and increases share count by about 21.8%. Existing shareholders face dilution but warrant conversion typically signals investor confidence as these were deeply in-the-money instruments.