Nexome Capital Markets Limited (formerly smifs capital markets Limited) has secured a significant regulatory milestone by receiving in-principle approval from BSE Limited for its proposed rights issue of fully paid-up equity shares. The approval marks an important step forward in the company's capital raising initiative.

Regulatory Approval Details

The company received the in-principle approval through BSE Limited's letter dated February 17, 2026, with reference number LOD/RIGHT/RB/FIP/1718/2025-26. The approval process began with Nexome Capital Markets submitting its application to BSE on February 3, 2026.

Exchange Permission and Compliance Requirements

BSE Limited has granted permission for Nexome Capital Markets to use the exchange's name in its Letter of Offer for the proposed rights issue. However, this permission comes with specific compliance requirements and mandatory disclaimer clauses that must be included in all offer documents and advertisements.

The exchange has outlined several key compliance requirements:

• The company must fix a record date for issuing right securities with at least three working days advance notice to BSE
• Rights issue price disclosure must be made at least three working days prior to the record date
• Complete compliance with all legal and statutory formalities before finalizing offer documents
• Confirmation of posting letter of offer and composite application form completion
• Agreements with all depositories for dematerialization of securities

Exchange Disclaimer and Responsibilities

BSE Limited has clearly stated that its approval should not be construed as endorsement of the company or its offer. The exchange has specified that it does not warrant, certify, or endorse the correctness or completeness of the letter of offer contents, nor does it take responsibility for the company's financial soundness or management.

The company will bear sole responsibility for:

• All disclosures made in or omitted from offer documents
• Any consequences arising from non-disclosure or mis-statement of information
• Compliance with applicable statutory requirements for the rights issue
• Payment of all applicable charges levied by BSE for system usage

Formal Communication and Next Steps

Company Secretary cum Compliance Officer Sanjana Gupta formally communicated the receipt of approval to BSE Limited on February 19, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was digitally signed and submitted with the original approval letter as an enclosure.

BSE has also granted in-principle approval for listing the fully paid-up equity shares proposed to be issued on rights basis, subject to the company completing post-issue requirements and complying with necessary statutory, legal, and listing formalities. The exchange has emphasized that a qualified Company Secretary should serve as the Compliance Officer, as per Regulation 6(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) has successfully concluded its Rights Issue Committee meeting held on February 02, 2026, with the approval of the Draft Letter of Offer for the company's proposed rights issue. The meeting marks a significant milestone in the company's capital raising initiative valued at up to Rs. 25 crore.

Meeting Outcome and Timeline

The Rights Issue Committee convened at the company's registered office at 'Vaibhav' (4F), 4, Lee Road, Kolkata - 700020, commencing at 04:00 P.M. and concluding at 04:30 P.M. The committee successfully considered and approved the Draft Letter of Offer in relation to the rights issue, which will now be filed with BSE Limited for their in-principle approval.

Rights Issue Details

The company has disclosed key parameters of the proposed rights issue under regulatory compliance requirements. The rights issue will involve equity shares with a maximum fundraising target established for the capital raising exercise.

Regulatory Compliance Framework

The meeting outcome has been communicated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring comprehensive regulatory adherence throughout the rights issue process.

Corporate Communication

Sanjana Gupta, Company Secretary cum Compliance Officer, digitally signed the official communication on February 02, 2026, at 16:34:58. The notification was formally submitted to BSE Limited, maintaining proper regulatory protocol and ensuring all stakeholders receive timely updates on the rights issue progress. Additional details are available on the company's website at www.nexomecap.com .