NMS Global Limited has filed comprehensive regulatory disclosures with BSE Limited regarding an inter-se transfer of equity shares among its promoter group. The transaction, executed on December 18, 2025, involved the transfer of 1,30,000 equity shares between promoters Ruby Yadav and Saroj Kumari Yadav through a gift arrangement. The company filed the necessary disclosures under both SEBI (Prohibition of Insider Trading) Regulations, 2015 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Overview

The inter-se transfer represents an internal restructuring within the promoter group, with Ruby Yadav acquiring 1,30,000 equity shares from Saroj Kumari Yadav by way of gift. This off-market transaction maintains the aggregate promoter group holding while redistributing shares among individual promoters.

Shareholding Pattern Changes

The transaction resulted in Ruby Yadav acquiring her first shareholding in the company, while Saroj Kumari Yadav's stake decreased proportionally. The promoter group includes Ruby Yadav, Ompal Yadav, Saroj Kumari Yadav, Ram Khilari Yadav, Yashpal Yadav, and Impressive Plastics Pvt. Ltd.

Capital Structure Details

The company's equity share capital remains unchanged following this internal promoter transaction. NMS Global Limited, formerly known as NMS Resources Global Limited, maintains its existing capital structure with no impact on the total number of outstanding shares.

Regulatory Compliance

The company has fulfilled all disclosure requirements under applicable SEBI regulations by filing Form C under the Insider Trading Regulations and the prescribed format under SAST Regulations. The filings confirm that this transaction represents a routine internal transfer among promoters with no dilution of existing shareholding or change in the company's control structure. As explicitly stated in the regulatory filings, the aggregate shareholding of the promoter and promoter group remains unchanged before and after the inter-se transfer, ensuring continuity in ownership structure.

NMS Resources Global Limited has announced the withdrawal of its application for in-principle approval for a preferential issue of convertible equity warrants worth Rs. 73.52 crore, marking a significant reversal in the company's capital raising plans.

Board Approves Withdrawal of Warrant Issue

The Board of Directors of NMS Resources Global, in its meeting held on December 22, 2025, approved the withdrawal of the application filed with BSE Limited for in-principle approval for the issue and allotment of 1,13,12,000 convertible equity warrants on a preferential basis.

Timeline of Events and Withdrawal Reasons

The preferential issue was initially approved by the Board of Directors on August 25, 2025, and subsequently received shareholder approval at the 39th Annual General Meeting held on September 29, 2025. The company had filed the application with BSE Limited on September 11, 2025, seeking in-principle approval under Regulation 28(1) of the SEBI (LODR) Regulations, 2015.

However, due to the prolonged pendency of in-principle approval, certain proposed investors expressed their inability to wait further and withdrew their commitment to invest. As a result, the company found itself unable to proceed with the preferential issue in its existing form.

Impact on Capital Structure Plans

The withdrawal represents a setback to NMS Resources Global's capital expansion plans. The company had previously announced an increase in authorized share capital from Rs. 5.50 crore to Rs. 14.50 crore to accommodate the warrant issue. The convertible equity warrants were designed with an 18-month tenure from allotment date and required 25% upfront payment with the remaining 75% payable upon exercise.

Regulatory Compliance

The company has submitted a formal withdrawal letter to BSE Limited and made this disclosure in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. The withdrawal was communicated to both BSE Limited and Metropolitan Stock Exchange of India Limited on December 22, 2025.

The withdrawal of this significant fundraising initiative may require NMS Resources Global to explore alternative capital raising strategies to meet its growth and expansion objectives.