New Markets Advisory Addresses BSE Concerns with Revised Disclosure for Preferential Warrant Issue

New Markets Advisory Limited has taken steps to address observations made by the Bombay Stock Exchange (BSE) regarding incomplete disclosure in their preferential warrant issue proposal. The company's Board of Directors has approved a revised statement containing crucial details that were inadvertently omitted from the Annual General Meeting (AGM) notice dated July 2, 2025.

Key Points of the Revised Disclosure

The revised statement includes pre-issue and post-issue shareholding details for each allottee.
It specifies the number of warrants to be issued to each allottee.
Beneficial ownership information for each allottee is now provided.

Warrant Issue Details

The company plans to issue warrants to 22 allottees, all classified as non-promoter public investors. The post-allotment holdings of these investors will range from 0.97% to 17.57%.

Allotment Details

Allottee Category	Number of Allottees	Shareholding Range (Post-Allotment)
Non-Promoter Public	22	0.97% - 17.57%

Use of Proceeds

The Board has reaffirmed that the proceeds from the warrant issue will be utilized for:

Meeting working capital requirements
Supporting growth objectives
Strengthening the company's financial position

Regulatory Compliance

To ensure full transparency and regulatory compliance, New Markets Advisory Limited will publish the revised disclosure table in newspapers, informing shareholders of the updated information.

Board Meeting Details

Date: October 16, 2025
Time: 3:00 PM to 4:00 PM
Venue: Registered Office of the Company

This move by New Markets Advisory Limited demonstrates their commitment to transparency and adherence to regulatory requirements set by SEBI and BSE. The company's proactive approach in addressing the BSE's observations and providing comprehensive details about the preferential warrant issue reflects positively on their corporate governance practices.

Investors and stakeholders are advised to review the revised disclosure in conjunction with the original AGM notice for a complete understanding of the preferential warrant issue.

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New Markets Advisory Limited , a company listed on the Bombay Stock Exchange (BSE), has announced a significant change in its key management personnel. According to a recent corporate filing, Prashant Lathi, the Company Secretary and Compliance Officer, has tendered his resignation.

Resignation Details

The company disclosed that Mr. Lathi's resignation will take effect from September 15, 2025. This information was communicated to the BSE through an official intimation dated September 13, 2025, signed by Kishore Kanhiyalal Jain, a director of the company.

Board's Next Steps

New Markets Advisory Limited has stated that the Board of Directors will formally confirm Mr. Lathi's resignation in the upcoming Board Meeting. This procedural step ensures proper documentation and compliance with corporate governance norms.

Succession Plan

In line with regulatory requirements, the company has assured stakeholders that a new Company Secretary and Compliance Officer will be appointed within the timeframe prescribed under the Companies Act, 2013 and SEBI Regulations. This commitment demonstrates the company's adherence to legal and regulatory standards.

Regulatory Compliance

The timely disclosure of this management change aligns with the company's obligations under the Listing Obligations and Disclosure Requirements (LODR) set by the Securities and Exchange Board of India (SEBI). Such transparency is crucial for maintaining investor trust and ensuring smooth corporate operations.

New Markets Advisory Limited's prompt communication of this change in key personnel reflects its commitment to corporate transparency and regulatory compliance. Investors and market watchers will likely keep an eye on further announcements regarding the appointment of a new Company Secretary and Compliance Officer in the coming weeks.