Announced Tue, 24 Feb · 11:16 IST

Raising of Funds- Outcome of Rights Issue Committee Meeting

Fund Raising View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nexome Capital Markets Ltd has approved a Rights Issue of 29,38,500 fully paid-up equity shares at Rs. 75 per share (face value Rs. 10 + premium Rs. 65), aggregating to approximately Rs. 22.04 crores. Eligible shareholders can subscribe in the ratio of 1 Rights Equity Share for every 2 shares held as on the record date of March 5, 2026. The Rights Issue window opens on March 13, 2026 and closes on March 23, 2026, with the company's post-issue share count rising to 88,15,500 equity shares.

Likely market impact

Existing shareholders will get the opportunity to buy additional shares at Rs. 75 each, which will dilute their holdings by about 33% if they don't subscribe. The fresh capital raise of Rs. 22 crore will strengthen the company's equity base, though the specific use of funds has not been disclosed in this filing.