Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) has disclosed a substantial equity acquisition by its promoter group entity Lend Lease Company (India) Limited through a rights issue. The transaction represents a significant increase in the promoter group's stake, bringing their total holding to 16.46% from the previous 4.92%.

Rights Issue Acquisition Details

The acquisition involved 11,61,988 equity shares through the company's rights issue on March 24, 2026. This transaction was disclosed pursuant to Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the disclosure filed on March 27, 2026. The acquisition was made under the exemption provided by Regulation 10(4)(a) and (b) of SEBI (SAST) Regulations, 2011, for rights issue applications.

Shareholding Position Changes

The rights issue acquisition has substantially transformed Lend Lease Company's shareholding position in Nexome Capital Markets Limited. Prior to this transaction, the promoter group entity held 2,89,000 equity shares representing 4.92% of the paid-up equity shares. After the acquisition, their total holding increased to 14,50,988 shares, representing 16.46% of the expanded equity capital.

Regulatory Compliance and Documentation

Both companies have fulfilled their regulatory obligations under SEBI regulations, with proper documentation submitted to BSE Limited on March 27, 2026. Nexome Capital Markets Limited's Company Secretary cum Compliance Officer Sanjana Gupta and Lend Lease Company's Director Utsav Parekh (DIN: 00027642) signed the respective disclosure documents, ensuring proper corporate governance protocols were followed throughout the rights issue process.

Corporate Structure and Leadership

Lend Lease Company (India) Limited, incorporated under CIN U65910WB1987PLC041823, has its registered office at 36A, Elgin Road, Ground Floor, Kolkata - 700020. The company is led by Director Utsav Parekh, who executed the acquisition under the rights issue framework. Nexome Capital Markets Limited operates from Vaibhav (4F), 4 Lee Road, Kolkata- 700020, with Sanjana Gupta serving as Company Secretary cum Compliance Officer.

The acquisition strengthens the promoter group's position in Nexome Capital Markets Limited, demonstrating confidence in the company's growth prospects and strategic direction. The transaction was completed in full compliance with SEBI regulations, ensuring transparency and proper disclosure to all stakeholders.

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.

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.

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.