Lend Lease Company Increases Stake in Nexome Capital Markets to 16.89%

1 min read     Updated on 27 Mar 2026, 09:35 AM
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AI Summary

Lend Lease Company (India) Limited acquired 37,620 additional shares of Nexome Capital Markets Limited through open market purchase on March 24, 2026. This acquisition increased Lend Lease's total shareholding from 14,50,988 shares to 14,88,608 shares, raising its ownership percentage from 16.46% to 16.89% of the total share capital. The transaction was disclosed under SEBI regulations with formal notifications submitted to BSE Limited on March 26, 2026.

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Nexome Capital Markets Limited has received a substantial acquisition disclosure from Lend Lease Company (India) Limited regarding the purchase of additional equity shares. The transaction was completed through open market acquisition and reported under SEBI regulatory requirements.

Acquisition Details

Lend Lease Company (India) Limited acquired 37,620 equity shares of Nexome Capital Markets Limited on March 24, 2026. The acquisition was executed through open market purchase, representing a strategic increase in the company's existing shareholding.

Parameter Details
Shares Acquired 37,620
Acquisition Date March 24, 2026
Mode of Acquisition Open market
Percentage of Acquisition 0.43%

Shareholding Position

The acquisition has resulted in a notable change in Lend Lease's ownership position in Nexome Capital Markets Limited. The company's total shareholding has increased from 14,50,988 shares to 14,88,608 shares.

Shareholding Metric Before Acquisition After Acquisition Change
Total Shares Held 14,50,988 14,88,608 +37,620
Percentage of Total Share Capital 16.46% 16.89% +0.43%
Percentage of Diluted Capital 13.52% 13.87% +0.35%

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both companies submitted formal notifications to BSE Limited on March 26, 2026, ensuring compliance with regulatory requirements.

Lend Lease Company (India) Limited belongs to the promoter group of Nexome Capital Markets Limited. The company operates alongside several persons acting in concert, including Utsav Parekh, Nilangi Parekh, Stewart Investment and Financial Pvt Ltd, Progressive Star Finance Pvt Ltd, Saharsh Parekh, Samarth Parekh, Vivaan and Keya Trust, and Araiya and Kiaan Trust.

Company Information

Nexome Capital Markets Limited, formerly known as SMIFS Capital Markets Limited, is listed on BSE Limited. The company's current equity share capital stands at Rs. 8,81,55,000, while the total diluted share capital is Rs. 10,73,55,000. Lend Lease Company (India) Limited is registered in Kolkata with CIN U65910WB1987PLC041823.

Historical Stock Returns for Nexome Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
-2.21%+14.27%+0.86%+0.86%+0.86%+0.86%

Will Lend Lease Company continue increasing its stake in Nexome Capital Markets to reach the 25% takeover threshold?

How might this increased ownership influence Nexome Capital Markets' strategic direction and business expansion plans?

What impact could this acquisition have on Nexome Capital Markets' stock price and trading volumes in the coming quarters?

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Stewart Investment Acquires Nexome Capital Markets Shares Through Rights Issue

1 min read     Updated on 27 Mar 2026, 01:48 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Stewart Investment & Financial Private Limited participated in Nexome Capital Markets' rights issue, acquiring 4,20,950 shares for Rs 3,15,71,250 on March 24, 2026. The transaction maintained the promoter's 14.33% shareholding percentage while increasing absolute holdings from 8,41,900 to 12,62,850 shares. Regulatory disclosures were filed under SEBI insider trading and substantial acquisition regulations.

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Nexome Capital Markets Limited has received regulatory disclosures from Stewart Investment & Financial Private Limited regarding the acquisition of equity shares through the company's rights issue. The transaction was completed on March 24, 2026, with disclosures filed under both SEBI insider trading regulations and substantial acquisition norms.

Rights Issue Transaction Details

Stewart Investment & Financial Private Limited participated in Nexome Capital Markets' rights issue, acquiring 4,20,950 equity shares valued at Rs 3,15,71,250. The acquisition was disclosed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, with the promoter maintaining its percentage shareholding in the expanded capital structure.

Transaction Parameters: Details
Shares Acquired: 4,20,950
Transaction Value: Rs 3,15,71,250
Acquisition Date: March 24, 2026
Mode of Acquisition: Rights Issue
Exchange: BSE
Acquirer Status: Promoter

Shareholding Pattern Analysis

The rights issue participation resulted in changes to Stewart Investment's absolute shareholding while maintaining its percentage stake in Nexome Capital Markets. The company's shareholding increased from 8,41,900 shares to 12,62,850 shares, representing a consistent 14.33% of the total share capital.

Shareholding Comparison: Before Rights Issue After Rights Issue
Number of Shares: 8,41,900 12,62,850
% of Total Share Capital: 14.33% 14.33%
% of Diluted Share Capital: 10.80% 11.76%

Regulatory Compliance Framework

The disclosure was filed pursuant to multiple SEBI regulations, including Regulation 7(2) of SEBI Insider Trading Regulations and Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. Both Stewart Investment & Financial Private Limited and Nexome Capital Markets submitted the required documentation to BSE Limited on March 26, 2026.

Corporate Structure and Leadership

The disclosure was signed by Saharsh Parekh, Director of Stewart Investment & Financial Private Limited (DIN: 03315239), and acknowledged by Sanjana Gupta, Company Secretary cum Compliance Officer of Nexome Capital Markets. Stewart Investment operates under CIN U65999WB1985PTC039101 with its registered office at 36A, Elgin Road, Kolkata.

Capital Structure Impact

The rights issue significantly expanded Nexome Capital Markets' equity base, with the company's equity share capital increasing from Rs 5,87,70,000 to Rs 8,81,55,000 after completion. The total diluted share capital, including outstanding warrants, stands at Rs 10,73,55,000, reflecting the company's enhanced capital structure post the rights issue.

Historical Stock Returns for Nexome Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
-2.21%+14.27%+0.86%+0.86%+0.86%+0.86%

What strategic initiatives will Nexome Capital Markets pursue with the Rs 8.81 crore raised through this rights issue expansion?

How might the increased diluted share capital impact Nexome's earnings per share and dividend policy in upcoming quarters?

Will Stewart Investment & Financial consider converting their outstanding warrants to further increase their stake beyond 14.33%?

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1 Year Returns:+0.86%