Announced Thu, 21 May · 10:52 IST

Trading Approval Letter for 19,20,000 equity shares allotted pursuant to conversion of warrants.

Capital Market Events View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+10.0%1-day move
₹95.00
prior close
₹99.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-3.0-3.0-3.0+10.0+5.3+13.7+19.4+25.3+38.2+10.5+20.1+28.4
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AI summary

Nexome Capital Markets Limited has received trading approval from BSE for 1,920,000 equity shares. These shares have a face value of Rs. 10 each and were issued at a premium of Rs. 54, meaning an issue price of Rs. 64 per share. The shares were issued to both Promoter and Non-Promoter shareholders on a preferential basis through conversion of warrants. Trading in these shares commenced from May 21, 2026. The shares bear distinctive numbers from 8815501 to 10735500.

Likely market impact

The dilution from warrant conversion adds 1.92 million shares to the company's equity base. While this is a routine corporate action for warrant holders exercising their options, the preferential issuance to both promoters and non-promoters increases outstanding shares, which may have a minor negative impact on earnings per share.