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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NMS Global Limited has filed its 39th Annual General Meeting (AGM) notice along with the Annual Report for FY 2024-25. The AGM is scheduled for Monday, September 29, 2025 at 10:00 A.M. via video conferencing. Key agenda items include adopting the audited financial statements, re-appointing Mr. Dhananjai Gupta (DIN: 09313878) as a Director (liable to retire by rotation), and approving a preferential issue of 1,13,12,000 convertible equity warrants at Rs.65 each (including Rs.55 premium), aggregating to Rs.73.53 crores, to 97 non-promoter allottees. The issue price was determined by an independent registered valuer. The company plans to use proceeds as: 50% working capital (Rs.36.76 cr), 25% acquisition of company/business (Rs.18.38 cr), and 25% general corporate purposes (Rs.18.38 cr). No promoter, director, or KMP is subscribing, and there is no change in control.
If approved, the preferential warrant issue could lead to dilution of existing shareholders by up to ~80% of post-issue capital spread across 97 new allottees. The Rs.73.53 crore fund raise (in two tranches over 18 months) signals potential business expansion or acquisitions, but existing shareholders should watch for dilution and the actual deployment of funds.