Nexome Capital Markets Confirms March 5 Record Date for ₹22.04 Crore Rights Issue

2 min read     Updated on 24 Feb 2026, 11:33 AM
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Radhika SScanX News Team
Overview

Nexome Capital Markets Limited has officially confirmed March 05, 2026 as the record date for determining shareholder eligibility for its rights issue worth ₹22,03,87,500. The company completed its Rights Issue Committee meeting on February 24, 2026, approving the issuance of 29,38,500 equity shares at ₹75.00 per share with a 1:2 rights ratio, scheduled to open on March 13, 2026.

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*this image is generated using AI for illustrative purposes only.

Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) has officially confirmed March 05, 2026 as the record date for determining shareholder eligibility for its rights issue of fully paid-up equity shares. The company has communicated this decision to BSE Limited in compliance with Regulation 42 of the SEBI Listing Regulations, following the successful conclusion of its Rights Issue Committee meeting held on February 24, 2026.

Rights Issue Committee Meeting and Regulatory Compliance

The Rights Issue Committee meeting was conducted at the company's registered office located at 'Vaibhav' (4F), 4, Lee Road, Kolkata - 700020, commencing at 11:00 A.M. and concluding at 11:06 A.M. The committee approved the comprehensive terms for the rights issue following the in-principle approval received from BSE Limited on February 17, 2026.

Parameter: Details
Meeting Date: February 24, 2026
Meeting Duration: 11:00 A.M. to 11:06 A.M.
BSE Scrip Code: 508905
Record Date: Thursday, March 05, 2026
Compliance Framework: Regulation 42 of SEBI Listing Regulations

Rights Issue Structure and Financial Details

The rights issue comprises 29,38,500 fully paid-up equity shares at an issue price of ₹75.00 per share, including a premium of ₹65.00 per share. The total fundraising initiative is valued at ₹22,03,87,500, structured on a 1:2 ratio basis, offering eligible shareholders 1 rights share for every 2 existing shares held.

Financial Parameter: Details
Total Shares Offered: 29,38,500 Equity Shares
Face Value: ₹10.00 per share
Issue Price: ₹75.00 per share
Premium Component: ₹65.00 per share
Total Issue Size: ₹22,03,87,500
Rights Ratio: 1:2
Rights Entitlement ISIN: INE641A20013

Rights Issue Timeline and Operational Schedule

The company has established a comprehensive timeline for the rights issue process, with the issue period scheduled to commence on March 13, 2026, and conclude on March 23, 2026. The record date of March 05, 2026 will determine shareholder eligibility for receiving rights entitlements under the issue.

Timeline Component: Scheduled Date
Record Date: Thursday, March 05, 2026
Rights Issue Opening: Friday, March 13, 2026
Last Date for Renunciation: Wednesday, March 18, 2026
Rights Issue Closure: Monday, March 23, 2026

Share Capital Impact and Corporate Communication

Upon completion of the rights issue, the company's outstanding equity shares will increase from 58,77,000 shares to 88,15,500 shares, representing a significant expansion of the equity base. Company Secretary cum Compliance Officer Sanjana Gupta has formally communicated the record date confirmation to BSE Limited, ensuring adherence to SEBI Master Circular requirements and maintaining transparency with stakeholders through the company's website at www.nexomecap.com .

Historical Stock Returns for Nexome Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
-1.84%-5.69%-5.69%-5.69%-5.69%-5.69%
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Nexome Capital Markets Completes Rights Issue Committee Meeting, Approves Rs. 25 Crore

1 min read     Updated on 02 Feb 2026, 04:57 PM
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Reviewed by
Naman SScanX News Team
Overview

Nexome Capital Markets Limited successfully concluded its Rights Issue Committee meeting on February 02, 2026, approving the Draft Letter of Offer for a proposed rights issue of equity shares valued up to Rs. 25 crore. The 30-minute meeting was held at the company's Kolkata office and the approved draft will now be submitted to BSE Limited for in-principle approval, marking a crucial step in the company's capital raising initiative under full SEBI regulatory compliance.

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*this image is generated using AI for illustrative purposes only.

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.

Meeting Parameter: Details
Date: February 02, 2026
Duration: 04:00 P.M. to 04:30 P.M.
Venue: 'Vaibhav' (4F), 4, Lee Road, Kolkata - 700020
Primary Decision: Draft Letter of Offer 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.

Rights Issue Parameter: Details
Security Type: Equity Shares
Issue Type: Rights Issue
Maximum Amount: Up to Rs. 25,00,00,000

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 .

Historical Stock Returns for Nexome Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
-1.84%-5.69%-5.69%-5.69%-5.69%-5.69%
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1 Year Returns:-5.69%