NMS Resources Global Limited Announces Rs. 73.52 Crore Warrant Issue and Authorized Share Capital Boost

1 min read     Updated on 25 Aug 2025, 11:07 PM
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Reviewed by
Ashish ThakurBy ScanX News Team
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Overview

NMS Resources Global has approved an increase in authorized share capital from Rs. 5.50 crore to Rs. 14.50 crore. The company plans a preferential issue of 1,13,12,000 convertible equity warrants at Rs. 65 each to 97 new public shareholders, raising Rs. 73.52 crore. The 39th Annual General Meeting is scheduled for September 29, 2025, with book closure from September 23-29, 2025. E-voting will be available from September 26-28, 2025.

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

NMS Resources Global , a company listed on the BSE and Metropolitan Stock Exchange of India, has unveiled significant corporate actions aimed at strengthening its capital structure and expanding its shareholder base.

Authorized Share Capital Increase

The Board of Directors of NMS Resources Global has approved an increase in the company's authorized share capital from Rs. 5.50 crore to Rs. 14.50 crore. This substantial boost of Rs. 9.00 crore will be achieved through the creation of additional equity shares with a face value of Rs. 10 each.

Preferential Issue of Convertible Equity Warrants

In a move to raise funds and broaden its investor base, NMS Resources Global has approved a preferential issue of 1,13,12,000 convertible equity warrants to 97 public shareholders. The warrants, priced at Rs. 65 each, will raise a total of Rs. 73.52 crore. Key details of the warrant issue include:

  • Each warrant carries the right to subscribe to one equity share
  • Warrant tenure: 18 months from the date of allotment
  • Payment terms: 25% upfront, remaining 75% upon exercise

Shareholding Impact

The preferential issue is set to introduce new public shareholders to NMS Resources Global's ownership structure. Post-conversion, the new allottees will hold stakes ranging from 0.03% to 3.14% in the company. Notably, all proposed allottees currently hold zero shares in the company.

Annual General Meeting and Book Closure

NMS Resources Global has scheduled its 39th Annual General Meeting for September 29, 2025, to be held via video conferencing. The company has set the book closure period from September 23 to September 29, 2025 (both days inclusive).

E-voting Details

The e-voting period for shareholders has been set from September 26, 2025 (9:00 AM) to September 28, 2025 (5:00 PM), with September 23, 2025, as the cut-off date for the e-voting process. Central Depository Services (India) Limited (CDSL) has been appointed to handle the e-voting process.

Corporate Governance Measures

The company has taken several steps to ensure compliance and transparency:

  • Adoption of the Director's Report and Secretarial Audit Report for the year ended March 31, 2025
  • Appointment of M/s. Prachi Bansal & Associates as the scrutinizer for the voting process at the AGM

These corporate actions reflect NMS Resources Global's efforts to strengthen its financial position and expand its shareholder base, potentially setting the stage for future growth initiatives.

Historical Stock Returns for NMS Resources Global

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%-4.02%-14.00%+96.94%-31.45%+888.16%
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NMS Resources Global Reports Robust Q1 Results with Significant Profit Growth

1 min read     Updated on 14 Aug 2025, 12:01 AM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

NMS Resources Global announced its Q1 FY24 financial results, showing robust performance. On a consolidated basis, the company reported revenue from operations of ₹284.00 lakhs, total income of ₹304.30 lakhs, and a profit of ₹109.00 lakhs. The consolidated basic earnings per share stood at ₹0.36. The results include performance from eight subsidiary companies. Standalone figures were also positive, with revenue from operations at ₹240.00 lakhs and profit at ₹87.00 lakhs. The company's auditors expressed a favorable opinion on the financial statements.

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

NMS Resources Global , a diversified company with interests across various sectors, has announced its financial results for the first quarter, showcasing strong performance and profitability.

Financial Highlights

The company's Board of Directors approved the standalone and consolidated unaudited financial results for the quarter ended June 30, during a meeting held on August 13.

Standalone Performance

On a standalone basis, NMS Resources Global reported:

  • Revenue from operations: ₹240.00 lakhs
  • Total income: ₹264.00 lakhs
  • Profit for the period: ₹87.00 lakhs
  • Basic earnings per share: ₹0.30

Consolidated Performance

The consolidated results, which include eight subsidiary companies, showed even stronger figures:

  • Revenue from operations: ₹284.00 lakhs
  • Total income: ₹304.30 lakhs
  • Consolidated profit: ₹109.00 lakhs
  • Basic earnings per share: ₹0.36

Key Financial Metrics

To provide a clearer picture of the company's performance, here's a tabular representation of the key financial metrics:

Metric Standalone (₹ in lakhs) Consolidated (₹ in lakhs)
Revenue from Operations 240.00 284.00
Total Income 264.00 304.30
Profit for the Period 87.00 109.00
Basic EPS (₹) 0.30 0.36

Corporate Structure and Subsidiaries

NMS Resources Global's consolidated results encompass eight subsidiary companies, including:

  1. GEO IT Skills Private Limited
  2. MS Corridor Management Private Limited
  3. Ebony & Ivory Advertising Private Limited
  4. IDM Enterprises Private Limited
  5. Credible Management Solutions Private Limited
  6. MSC-BVI Consulting Private Limited
  7. Kuberakshi Advisory Services Private Limited
  8. NMS Enterprises Limited

This diverse portfolio of subsidiaries contributes to the company's overall strong performance.

Capital Structure

The company maintains a paid-up equity share capital of ₹300.56 lakhs, with shares having a face value of ₹10 each.

Audit and Compliance

Mukul Garg and Associates, Chartered Accountants, conducted a limited review of both the standalone and consolidated financial statements. The auditors expressed a favorable opinion, stating that the financial results present a true and fair view in conformity with applicable accounting standards and principles.

Conclusion

NMS Resources Global's quarterly results demonstrate the company's ability to generate substantial revenue and maintain profitability. The strong performance across both standalone and consolidated figures indicates effective management of its core operations and subsidiary companies. Investors and stakeholders may find encouragement in the company's positive performance, with notable growth in both top-line and bottom-line figures.

Historical Stock Returns for NMS Resources Global

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%-4.02%-14.00%+96.94%-31.45%+888.16%
NMS Resources Global
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