Announced Mon, 6 Apr · 15:46 IST

Report under Regulation 10(7) of SEBI (SAST) Regulations, 2011 by Lend Lease Company (India) Limited

Promoter Stake BuyOwnership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+8.3%1-day move
₹83.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+8.3+11.0+24.1+25.3+31.9+34.4+30.6+20.6+28.9+46.3
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AI summary

Lend Lease Company (India) Limited, a promoter of Nexome Capital Markets Ltd (formerly SMIFS Capital Markets), acquired 11,61,988 equity shares (11.54% of share capital) through subscription to a rights issue dated March 24, 2026, at Rs. 75 per share. This included 6.62% shares taken in excess of entitlement. Post-acquisition, the promoter's stake rose from 4.92% (2,89,000 shares) to 16.46% (14,50,988 shares). The ex-rights price was computed at Rs. 90.30. A SEBI filing fee of Rs. 1,77,000 (including GST) was paid on April 6, 2026. The initial intimation under Regulation 10(6) was filed with BSE on March 27, 2026.

Likely market impact

The promoter group has significantly strengthened its ownership in Nexome Capital Markets, more than tripling its stake via a rights issue route. This shows promoter confidence and commitment to infuse capital into the company, which is generally viewed positively by retail investors, though the promoter holding remains well below the 50% majority threshold.