Announced Tue, 27 May · 12:12 IST

RECLASSIFICATION OF PROMOTER UNDER REG 30

Promoter Below 50pctOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nexome Capital Markets Ltd has received requests from all 8 members of its promoter and promoter group to be reclassified as public shareholders under SEBI's Regulation 31A. The applicants include Ajay Kumar Kayan, Lalita Kayan, Rahul Kayan, Payal Saraf, Suman Bhartia, Ajay Kumar Kayan HUF, Gauri Shankar Ajay Kumar HUF, and Mackertich Consultancy Services Pvt Ltd. Of these, only Mackertich Consultancy directly holds shares — 5,57,200 shares representing 9.48% of paid-up capital; the rest hold zero shares directly but are counted as persons acting in concert (PAC) at the same 9.48% combined level. Each applicant has stated they have no board seat, no special rights, no control over the company, and are not wilful defaulters or fugitive economic offenders. If approved by the stock exchanges, the company would effectively move to having no promoter group at all, with the 9.48% stake reclassified as public shareholding.

Likely market impact

If reclassification is approved, Nexome Capital Markets will have zero promoter shareholding, which is a significant governance event. For shareholders, this could change the dynamics of control, open the stock to broader public participation, and may affect perceptions of management stability — though no immediate financial impact is expected since no shares are being bought or sold.