New Markets Advisory has taken a significant step in its capital structure by converting 37 lakh warrants into equity shares. This move, approved by the company's Board of Directors, marks a notable development for the firm and its investors.

Key Details of the Warrant Conversion

Execution and Approval

The conversion was executed following the exercise of warrant holders' conversion rights. This move aligns with the company's strategic financial planning and potentially impacts its ownership structure.

Importantly, New Markets Advisory had secured in-principle approval from the Bombay Stock Exchange (BSE) for this conversion.

Implications for Investors

This warrant conversion could have several implications for both the company and its shareholders:

1. Dilution of Equity: The conversion of warrants into equity shares typically leads to an increase in the total number of outstanding shares, which may result in dilution for existing shareholders.

2. Capital Structure Changes: This move alters the company's capital structure, potentially affecting key financial metrics and ratios.

3. Increased Public Shareholding: With the allotment made to non-promoter public entities, this action may lead to a broader public ownership of the company.

4. Liquidity Impact: The introduction of new equity shares into the market could potentially affect the stock's liquidity.

Investors and market watchers will likely keep a close eye on how this corporate action influences New Markets Advisory's market performance and financial position in the coming months.

While this development represents a significant corporate action, investors are advised to conduct their own research and consider their individual financial goals before making any investment decisions based on this news.

New Markets Advisory Limited has taken steps to address observations made by the Bombay Stock Exchange (BSE) regarding incomplete disclosure in their preferential warrant issue proposal. The company's Board of Directors has approved a revised statement containing crucial details that were inadvertently omitted from the Annual General Meeting (AGM) notice dated July 2, 2025.

Key Points of the Revised Disclosure

• The revised statement includes pre-issue and post-issue shareholding details for each allottee.
• It specifies the number of warrants to be issued to each allottee.
• Beneficial ownership information for each allottee is now provided.

Warrant Issue Details

The company plans to issue warrants to 22 allottees, all classified as non-promoter public investors. The post-allotment holdings of these investors will range from 0.97% to 17.57%.

Allotment Details

Use of Proceeds

The Board has reaffirmed that the proceeds from the warrant issue will be utilized for:

1. Meeting working capital requirements
2. Supporting growth objectives
3. Strengthening the company's financial position

Regulatory Compliance

To ensure full transparency and regulatory compliance, New Markets Advisory Limited will publish the revised disclosure table in newspapers, informing shareholders of the updated information.

Board Meeting Details

• Date: October 16, 2025
• Time: 3:00 PM to 4:00 PM
• Venue: Registered Office of the Company

This move by New Markets Advisory Limited demonstrates their commitment to transparency and adherence to regulatory requirements set by SEBI and BSE. The company's proactive approach in addressing the BSE's observations and providing comprehensive details about the preferential warrant issue reflects positively on their corporate governance practices.

Investors and stakeholders are advised to review the revised disclosure in conjunction with the original AGM notice for a complete understanding of the preferential warrant issue.