Nexome Capital Markets Limited has disclosed another significant equity acquisition by its promoter group entity Lend Lease Company (India) Limited. The latest transaction represents a continued increase in the promoter group's stake in the capital markets company through on-market purchase.
Latest Transaction Details
The recent acquisition involved 37,620 equity shares of Nexome Capital Markets Limited, valued at ₹28,84,449.55. The transaction was executed on March 24, 2026, through on-market purchase on the BSE platform.
Parameter: Details Acquiring Entity: Lend Lease Company (India) Limited Shares Acquired: 37,620 Transaction Value: ₹28,84,449.55 Transaction Date: March 24, 2026 Mode of Acquisition: On Market Purchase Exchange: BSE
Updated Shareholding Position
Following this acquisition, Lend Lease Company's shareholding position in Nexome Capital Markets Limited has been further strengthened. Prior to this transaction, the promoter group entity held 1450988 equity shares representing 16.46% of the paid-up equity shares. After the acquisition, their total holding increased to 1488608 shares, representing 16.89% of the paid-up equity shares.
Shareholding Position: Before Transaction After Transaction Number of Shares: 1450988 1488608 Percentage Holding: 16.46% 16.89% Security Type: Equity Shares Equity Shares Category: Promoter Group Promoter Group
Regulatory Compliance and Documentation
Both companies have fulfilled their regulatory obligations under SEBI Insider Trading Regulations, 2015. The disclosure was made pursuant to Regulation 7(2), with Form B submitted to BSE Limited on March 26, 2026. The regulatory filing shows the transaction was completed through on-market purchase, demonstrating transparency in the acquisition process.
Nexome Capital Markets Limited's Company Secretary cum Compliance Officer Sanjana Gupta and Lend Lease Company's Director Utsav Parekh (DIN: 00027642) signed the respective disclosure documents, ensuring proper corporate governance protocols were followed.
Company Background
Nexome Capital Markets Limited, formerly known as SMIFS Capital Markets Limited, operates in the capital markets sector with its registered office located at Vaibhav (4F), 4 Lee Road, Kolkata-700020. Lend Lease Company (India) Limited, incorporated in 1987 with CIN U65910WB1987PLC041823, maintains its registered office at 36A, Elgin Road, Ground Floor, Kolkata-700020.
The continued acquisitions by the promoter group demonstrate sustained confidence in Nexome Capital Markets Limited's business prospects and strategic direction in the capital markets sector.
Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) has received official trading approval from BSE Limited for its 29,38,500 equity shares issued on rights basis, marking the final milestone in its ₹22,03,87,500 fundraising initiative. The company confirmed receipt of BSE's trading approval letter dated March 25, 2026, with trading set to commence on March 27, 2026.
BSE Trading Approval Details
BSE Limited issued the trading approval through reference LOD/RIGHTS/SV/471/2025-2026 dated March 25, 2026, authorizing trading of equity shares bearing distinctive numbers 58,77,001 to 88,15,500. The approval covers shares issued at ₹75 per share (₹10 face value plus ₹65 premium) under the completed rights issue program.
Trading Approval Specifications: Details Approved Shares: 29,38,500 Issue Price: ₹75 per share Face Value: ₹10 per share Premium: ₹65 per share Distinctive Numbers: 58,77,001 to 88,15,500 Trading Commencement: March 27, 2026
Rights Issue Completion Timeline
The corporate action followed a structured timeline with all regulatory milestones achieved as per SEBI requirements. The Letter of Offer was dated February 24, 2026, with allotment completion on March 24, 2026, followed by share crediting and BSE communication on March 25, 2026.
Timeline Details: Date Letter of Offer: February 24, 2026 Allotment Completion: March 24, 2026 Share Crediting: March 25, 2026 BSE Trading Approval: March 25, 2026 Trading Commencement: March 27, 2026
Issue Performance and Capital Structure
The rights issue demonstrated strong investor response with oversubscription of 100.79% of the total issue size. Out of 143 total applications received, 87 valid applications resulted in the final allotment, successfully raising the targeted amount of ₹22,03,87,500.
Post-Issue Capital Structure: Details Total Equity Shares: 88,15,500 Paid-up Capital: ₹8,81,55,000 Amount Raised: ₹22,03,87,500 Oversubscription: 100.79% Valid Applications: 87 out of 143
Regulatory Compliance Confirmation
Company Secretary Sanjana Gupta confirmed completion of all regulatory formalities in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE's Notice No. 20260325-51 dated March 25, 2026 was issued to Trading Members, officially notifying the listing and trading commencement of the new equity shares. The company has fulfilled all documentation requirements including newspaper advertisement publication and submission of required documents to the exchange.
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