Nexome Capital Markets Ltd ( nexome capital markets ) shareholders approved a final dividend of ₹1.50 per equity share for FY26 at the company’s 43rd Annual General Meeting held on August 11, 2026. The meeting, conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM) in compliance with Ministry of Corporate Affairs Circular No. 03/2025 and SEBI guidelines, also saw the reappointment of Saharsh Parekh as a director and the continuation of Kishor Shah as Managing Director beyond the age of 70. All four resolutions proposed were passed by the requisite majority, ensuring leadership continuity and confirming the payout for eligible shareholders holding shares as of the record date.

The voting process was scrutinized by Sudhansu Sekhar Panigrahi, Practicing Company Secretary, in compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Remote e-voting remained open from August 8 to August 10, 2026. The statutory auditor, M/s S. K. Agrawal & Co, Chartered Accountants LLP, presented its report on the financial statements for the year ended March 31, 2026.

Voting Results and Shareholder Participation

Promoter participation was high, with 5,561,364 shares held and 5,165,764 votes polled (92.89% turnout). Public Non-Institutional shareholders polled 2,171,273 votes out of 4,792,136 shares held (45.31% turnout). Public Institutional shareholders, holding 382,000 shares, did not cast any votes. For Resolution No. 2 (reappointment of Saharsh Parekh), promoter votes were excluded due to conflict of interest, leaving the decision primarily to public non-institutional voters who supported it with 99.96% approval.

Dividend and Governance Details

The final dividend of ₹1.50 per equity share (face value ₹10) is subject to tax deduction at source (TDS) as per the Income Tax Act, 2025. Payments will be made electronically within 30 days of the AGM date, i.e., by September 10, 2026. Shareholders are advised to update KYC details with Maheshwari Datamatics Pvt. Ltd., the Registrar and Transfer Agent, or their Depository Participants. Physical shareholders must submit Form 121 or DTAA documents if eligible for tax exemptions.

Kishor Shah’s continuation as Managing Director was approved under Section 196(3) read with Sections 196, 197, 198, 203, Schedule V of the Companies Act, 2013, and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. His tenure extends until March 31, 2027, on existing terms and conditions, following recommendation by the Nomination and Remuneration Committee and approval by the Board on May 25, 2026.

What the Numbers Show

The high promoter participation (92.89%) contrasted with zero institutional voting suggests that governance decisions, including the dividend policy and leadership continuity, were driven primarily by promoter interests and retail alignment. The exclusion of promoter votes from the reappointment resolution highlights standard compliance practices for interested directors, while the near-unanimous support from public non-institutional shareholders indicates strong backing for the current management structure.

Nexome Capital Markets Limited reported a standalone net profit of ₹127.45 lakhs for the quarter ended June 30, 2026, marking a marginal 0.4% decline from the ₹127.95 lakhs recorded in Q1FY26. Despite a sharp contraction in core business activities, the company’s bottom line remained stable due to a significant surge in non-operating income. This resilience highlights the shifting composition of earnings, where investment banking normalization was counterbalanced by substantial other income gains.

The Board of Directors approved the unaudited financial results on August 11, 2026. Statutory auditors S K Agrawal and Co Chartered Accountants LLP issued a limited review report with an unmodified opinion on both standalone and consolidated results. The filing was submitted pursuant to Regulation 10(1A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the Board reviewed the Monitoring Agency Report regarding the utilization of proceeds from the company’s rights issue, approving management’s comments on the findings. The Board also adopted a comprehensive Corporate Social Responsibility (CSR) Policy and Annual Action Plan for FY27.

Financial Performance Highlights

Consolidated net profit stood at ₹124.51 lakhs for the quarter, compared to ₹126.75 lakhs in Q1FY26. Consolidated total income was ₹727.66 lakhs, down from ₹1,748.93 lakhs in the previous year. The subsidiaries, Nexome Capital Services Limited and Nexome Wealth Management Limited, contributed minimal revenue of ₹0.69 lakhs but incurred a net loss of ₹2.95 lakhs during the period.

Capital Raise and Equity Movements

The auditor’s report highlighted key capital movements. In March 2026, the company completed a rights issue of 29.39 lakhs equity shares at ₹75 per share, raising ₹2,203.875 lakhs. The proceeds were fully received, and shares were allotted on March 24, 2026. Furthermore, the company converted 19.2 lakhs Equity Convertible Warrants into equity shares on April 20, 2026, upon receipt of the balance consideration of ₹921.60 lakhs. These newly issued shares rank pari-passu with existing equity shares.

What the Numbers Show

The divergence between operating revenue and other income is notable. While revenue from operations plummeted by over 80%, other income surged to ₹424.26 lakhs from ₹78.99 lakhs in Q1FY26. This suggests that while core business operations faced a cyclical downturn, non-operating gains provided a buffer to net profit figures. The company maintained an ad hoc provision of 6% on its outstanding loan portfolio, totaling ₹169.33 lakhs as of June 30, 2026, with a reversal of ₹24.92 lakhs credited to the profit and loss statement during the quarter.