Restructuring pursuant to Rights Issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nexome Capital Markets has completed its Rights Issue, which was open from March 13 to March 23, 2026, and was over-subscribed by 100.79% against the total issue size of Rs. 22.04 crore. The Rights Issue Committee approved the allotment of 29,38,500 fully paid-up equity shares at Rs. 75 per share, including a share premium of Rs. 65 per share. Post-issue, the company's paid-up share capital stands at Rs. 8.82 crore, divided into 88,15,500 equity shares of Rs. 10 each. The strong over-subscription indicates healthy investor demand for the company's expansion plans.
The over-subscription signals strong investor confidence and means the company successfully raised the targeted Rs. 22 crore, boosting its capital base. However, existing shareholders will see their holding diluted by the issuance of new shares, though only those who applied got full allotment due to oversubscription.