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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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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Nexome Capital Markets: Promoter Group Member Acquires 61,500 Shares Through Rights Issue

1 min read     Updated on 27 Mar 2026, 12:31 AM
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AI Summary

Nexome Capital Markets Limited disclosed that promoter group member Mrs. Nilangi Parekh acquired 61,500 equity shares through a rights issue on March 24, 2026, valued at Rs. 46,12,500. The acquisition increased her total shareholding from 1,23,000 to 1,84,500 shares while maintaining her 2.09% stake in the company. The disclosure was made under SEBI Insider Trading Regulations through Form B filing on March 26, 2026.

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Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) has disclosed the acquisition of equity shares by promoter group member Mrs. Nilangi Parekh through a rights issue. The disclosure was made on March 26, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Share Acquisition Details

Mrs. Nilangi Parekh acquired 61,500 equity shares through a rights issue on March 24, 2026. The acquisition represents her participation in the company's capital expansion program with a transaction value of Rs. 46,12,500.

Parameter: Details
Acquisition Mode: Rights Issue
Acquisition Date: March 24, 2026
Shares Acquired: 61,500
Transaction Value: Rs. 46,12,500
Acquirer Status: Promoter Group Member

Shareholding Position

The acquisition has resulted in changes to Mrs. Parekh's shareholding position in the company. Her total shareholding increased from 1,23,000 shares to 1,84,500 shares following the rights issue, while maintaining her percentage holding at 2.09% of the paid-up equity shares.

Shareholding Details: Before Acquisition After Acquisition
Number of Shares: 1,23,000 1,84,500
Percentage (Paid-up Capital): 2.09% 2.09%
Exchange: BSE Limited BSE Limited

Regulatory Compliance Framework

The disclosure was filed pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company submitted the required Form B documentation to BSE Limited, providing detailed information about the securities transaction by the promoter group member.

Regulatory Details: Information
Regulation: SEBI Insider Trading Regulations 7(2)
Form Type: Form B
Filing Date: March 26, 2026
Exchange: BSE Limited
ISIN Code: INE641A01013

Corporate Structure

Company Secretary cum Compliance Officer Sanjana Gupta submitted the required documentation to BSE Limited on March 26, 2026. The company operates from its registered office at Vaibhav (4F), 4 Lee Road, Kolkata-700020, and its shares are listed on BSE 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 is the intended use of funds raised through this rights issue and how will it impact Nexome Capital Markets' business expansion plans?

Will other promoter group members participate in similar rights issues to maintain their collective shareholding percentage?

How might this capital infusion affect Nexome Capital Markets' competitive position in the financial services sector?

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1 Year Returns:+0.86%