Prior Intimation of Second Rights Issue Committee Meeting of the Company for the Proposed Rights Issue
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Nexome Capital Markets Ltd (formerly SMIFS Capital Markets Ltd) has informed BSE that a meeting of its Rights Issue Committee will be held on Tuesday, February 24, 2026 at 11:00 AM at the company's registered office in Kolkata. The committee will consider and approve the Letter of Offer for a proposed Rights Issue of fully paid-up equity shares to be filed with BSE, along with fixing the record date and other related matters. The company has not yet disclosed the size, ratio, or pricing of the proposed rights issue, nor the intended use of proceeds.
Shareholders should watch for the Letter of Offer and record date announcement after the February 24 meeting, as this will determine their entitlement, the issue price, and dilution. The actual financial impact on the stock will depend on the issue size, pricing, and purpose of the fundraise, which are not yet disclosed.