Nexome Capital Markets Limited Files SEBI Disclosure on Share Encumbrance for FY26

1 min read     Updated on 01 Apr 2026, 11:45 AM
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AI Summary

Nexome Capital Markets Limited filed a regulatory disclosure with BSE on April 01, 2026, under SEBI's substantial acquisition regulations. Promoter Mr. Utsav Parekh declared that no encumbrance was created over promoter shareholdings during FY26. The disclosure ensures compliance with transparency requirements for substantial shareholding under SEBI regulations.

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Nexome capital markets Limited has filed a regulatory disclosure with BSE Limited under SEBI's substantial acquisition and takeover regulations. The disclosure, submitted on April 01, 2026, addresses the shareholding status of promoter Mr. Utsav Parekh for the financial year ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the mandatory disclosure pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Company Secretary-cum-Compliance Officer Sanjana Gupta signed and submitted the disclosure documents to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Promoter Declaration Details

Mr. Utsav Parekh, who holds the position of Promoter and Non-Executive, Non-Independent Director, provided a comprehensive declaration regarding share encumbrance. The key aspects of his declaration include:

Parameter Details
Director Identification Number 00027642
Position Promoter and Non-Executive, Non-Independent Director
Declaration Period Financial year ended March 31, 2026
Filing Date April 01, 2026

Share Encumbrance Confirmation

In his declaration, Mr. Parekh confirmed that during the financial year ended March 31, 2026, neither the promoters nor any person acting in concert (PAC) created any encumbrance over the shares held by them, directly or indirectly. This declaration ensures compliance with SEBI's transparency requirements for substantial shareholding disclosures.

Company Information

The filing was made by Nexome Capital Markets Limited, formerly known as SMIFS Capital Markets Limited. The company's registered office is located at Vaibhav (4F), 4, Lee Road, Kolkata - 700020. The disclosure was also copied to the company's Audit Committee as part of standard corporate governance procedures.

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 might Nexome Capital Markets pursue given the promoter's unencumbered shareholding position?

How could this clean shareholding structure impact the company's ability to raise capital or attract institutional investors?

Will Nexome Capital Markets consider any merger or acquisition opportunities now that promoter shares remain free of encumbrances?

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Nexome Capital Markets declares non-applicability of Large Corporate Framework for FY26

1 min read     Updated on 01 Apr 2026, 11:37 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Nexome Capital Markets Limited has declared to BSE Limited that it does not qualify as a "Large Corporate" under SEBI's regulatory framework as of March 31, 2026. The company is therefore exempt from filing initial and annual disclosures under SEBI circulars from 2018 and 2021 for Financial Year 2025-26. The declaration was submitted on April 01, 2026, by Company Secretary Sanjana Gupta.

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Nexome Capital Markets Limited has officially declared to BSE Limited that it does not meet the criteria for classification as a "Large Corporate" under SEBI's regulatory framework. The declaration, submitted on April 01, 2026, confirms the company's exemption from specific disclosure requirements for the Financial Year 2025-26.

Regulatory Framework Declaration

The company's declaration references specific SEBI circulars that define the Large Corporate Framework. These include SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, along with subsequent amendments.

Declaration Details: Information
Assessment Date: March 31, 2026
Declaration Date: April 01, 2026
Financial Year: 2025-26
Regulatory Status: Not classified as Large Corporate

Compliance Implications

As a result of not meeting the Large Corporate criteria, Nexome Capital Markets Limited is exempt from filing both initial and annual disclosures required under the aforementioned SEBI circulars for FY26. This exemption applies specifically to the requirements outlined in Para No. 2.2 of the referenced regulatory framework.

Corporate Information

The declaration was signed by Sanjana Gupta, Company Secretary cum Compliance Officer, and submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The company operates under its current name, having been formerly known as SMIFS Capital Markets Limited.

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 factors could lead Nexome Capital Markets to eventually qualify as a Large Corporate under SEBI's framework in future years?

How might this exemption from disclosure requirements affect investor transparency and market confidence in the company?

Will SEBI consider revising the Large Corporate classification criteria following recent market developments?

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1 Year Returns:+0.86%