Nexome Capital Markets Fund Raise of ₹26.97 Cr
Nexome Capital Markets reported zero deviation in utilizing ₹26.97 Crore raised via preferential and rights issues. Funds were deployed for investments and working capital as planned.
- Value
- ₹26.97 Cr
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Nexome Capital Markets reported zero deviation in utilizing ₹26.97 Crore raised via preferential and rights issues. Funds were deployed for investments and working capital as planned.
Nexome Capital Markets approved its quarterly Monitoring Agency Report for Rights Issue proceeds. The board confirmed compliance and management explanations regarding fund utilization.
Lend Lease Company (India) Limited, a promoter of Nexome Capital Markets Ltd, acquired 11,61,988 shares for ₹8.71 Crore through a rights issue. This increases the promoter's stake from 4.92% to 16.46%, signaling strong internal support and capital infusion for the company's growth.