Statement of Deviation and Variation for the Quarter ended 31-03-2026
Price
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Nexome Capital Markets Limited has filed a statement confirming no deviations or variations in the utilization of funds raised through two capital raises. The first was a Preferential Issue completed on October 25, 2024, raising Rs. 4.94 Crores through equity shares and convertible warrants, which has been fully utilized as planned. The second was a Rights Issue completed on March 24, 2026, raising Rs. 22.03 Crores, of which Rs. 16.51 Crores has been utilized for investments in securities and liquid funds. The remaining Rs. 5.52 Crores is currently held in monitoring accounts and fixed deposits pending deployment in FY 2026-27 as per the issue terms. The Audit Committee reviewed and the Board took on record this statement on May 25, 2026.
Positive signal for shareholders as the company has deployed all preferential issue funds as intended with zero deviation. The rights issue funds are being utilized as planned with proper monitoring in place through CARE Ratings.