Latest news about New Markets Avenue
New Markets Avenue
26.43
+1.25(+4.96%)
Company Performance:
View Company Insights1D+4.96%
1M+25.08%
6M+176.75%
1Y+176.75%
5Y+176.75%
More news about New Markets Avenue
01Dec 25
Multiple Investors Acquire Substantial Stakes in New Markets Advisory
New Markets Advisory underwent significant ownership changes through a preferential allotment on November 27, 2025. Mr. Purshottam R Bohra and associates acquired a 10.09% stake, Mr. Manish Parasmal Gulechha and Ms. Divya Rajendrabhai Sethia jointly obtained 12.15%, and Ms. Nisha Hasmukh Panchal secured 5.06%. The company's total equity share capital stands at 49,40,000 shares valued at Rs. 10 each.
27Nov 25
New Markets Advisory Converts 37 Lakh Warrants into Equity Shares
New Markets Advisory has converted 37 lakh warrants into equity shares with a face value of Rs. 10 each. The conversion was approved by the company's Board of Directors and had received in-principle approval from the Bombay Stock Exchange. The shares were allotted on a preferential basis to 16 non-promoter public entities. This corporate action may impact the company's capital structure, ownership, and stock liquidity.
16Oct 25
New Markets Advisory Addresses BSE Concerns with Revised Disclosure for Preferential Warrant Issue
New Markets Advisory Limited has updated its preferential warrant issue proposal following BSE observations. The revised disclosure includes pre-issue and post-issue shareholding details, number of warrants per allottee, and beneficial ownership information. The company plans to issue warrants to 22 non-promoter public investors, with post-allotment holdings ranging from 0.97% to 17.57%. Proceeds will be used for working capital, growth objectives, and strengthening financial position. The company will publish the revised disclosure in newspapers for shareholder information.
13Sept 25
New Markets Advisory Limited Announces Resignation of Company Secretary
Prashant Lathi, Company Secretary and Compliance Officer of New Markets Advisory Limited, has resigned effective September 15, 2025. The Board will confirm the resignation in the upcoming meeting and appoint a new Company Secretary within the prescribed timeframe, adhering to Companies Act, 2013 and SEBI Regulations.
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