NMS Resources Global Secures Orders Worth Rs. 21.95 Crore Across Consultancy and Skill Development Divisions

1 min read     Updated on 20 Sept 2025, 01:32 PM
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Overview

NMS Resources Global has obtained multiple orders totaling Rs. 21.95 crore. The company's consultancy division received a Rs. 1.20 crore project for an integrated bus terminal and depot in Dhanbad. Additionally, its skill development division secured a Rs. 19.95 crore contract for solar energy systems training. These orders are expected to positively impact the company's financial performance and demonstrate its diversified business strategy in urban infrastructure and renewable energy sectors.

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

NMS Resources Global has announced securing multiple orders totaling approximately Rs. 21.95 crore, showcasing the company's strong position in both consultancy and skill development sectors.

Consultancy Division Order

The company's consultancy division has bagged a significant project from Credible Management & Consultants Pvt. Ltd. The order, valued at Rs. 1.20 crore (including GST), involves providing design, Detailed Project Report (DPR), and monitoring services for an integrated bus terminal and bus depot in Dhanbad, Jharkhand. This project falls under the purview of the Dhanbad Municipal Corporation (DMC), highlighting NMS Resources Global's expertise in urban infrastructure development.

Major Skill Development Contract

In a substantial boost to its skill development division, NMS Resources Global has secured a large-scale order from the Lala Moti Lala Goyal Foundation. This contract, worth approximately Rs. 19.95 crore (including GST), focuses on training participants in the fundamentals of solar energy systems. The comprehensive training program will cover various aspects, including design, installation, maintenance, and safety protocols of solar energy systems.

Financial Impact and Company Outlook

The combined value of these orders, totaling Rs. 21.95 crore (including GST), represents a significant addition to NMS Resources Global's order book. This development is expected to have a positive impact on the company's financial performance in the coming quarters.

Dhananpal Gupta, Director of NMS Resources Global, stated in the company's disclosure, "This is for the information of all the stakeholders of the Company." The statement underscores the importance of these orders for the company's growth trajectory.

Diversified Business Strategy

These new orders demonstrate NMS Resources Global's successful strategy in diversifying its business across different verticals. The company's ability to secure projects in both consultancy for urban infrastructure and skill development in renewable energy showcases its versatility and adaptability to emerging market needs.

The substantial order in the solar energy training sector also aligns with the growing emphasis on renewable energy in India, positioning NMS Resources Global to capitalize on the increasing demand for skilled professionals in this field.

As NMS Resources Global continues to expand its footprint in consultancy and skill development sectors, these new orders are likely to strengthen its market position and contribute to its long-term growth prospects.

Historical Stock Returns for NMS Resources Global

1 Day5 Days1 Month6 Months1 Year5 Years
-4.23%+11.90%-15.48%-1.56%+3.47%+1,718.18%
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NMS Resources Global Withdraws Rs. 73.52 Crore Warrant Issue Application

2 min read     Updated on 25 Aug 2025, 11:07 PM
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Reviewed by
Ashish TScanX News Team
Overview

NMS Resources Global Limited has withdrawn its application for a preferential issue of 1,13,12,000 convertible equity warrants worth Rs. 73.52 crore. The withdrawal, approved by the Board on December 22, 2025, came after prolonged delays in receiving in-principle approval from BSE and subsequent withdrawal of commitments by proposed investors. This development represents a setback to the company's capital raising and expansion plans.

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

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.

Parameter: Details
Warrant Quantity: 1,13,12,000 warrants
Issue Price: Rs. 65 per warrant
Total Value: Rs. 73.52 crore
Proposed Allottees: 97 Non-Promoters
Board Approval Date: August 25, 2025
AGM Approval Date: September 29, 2025

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.

Corporate Action: Status
Warrant Issue Application: Withdrawn
BSE Application Date: September 11, 2025
Withdrawal Date: December 22, 2025
Regulatory Compliance: SEBI (LODR) Regulation 30

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.

Historical Stock Returns for NMS Resources Global

1 Day5 Days1 Month6 Months1 Year5 Years
-4.23%+11.90%-15.48%-1.56%+3.47%+1,718.18%
NMS Resources Global
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