Araiya and Kiaan Trust Acquires Shares in Nexome Capital Markets Limited

Araiya and Kiaan Trust Acquires Shares in Nexome Capital Markets Limited

Araiya and Kiaan Trust Acquires Shares in Nexome Capital Markets Limited​

Nexome Capital Markets Limited (formerly SMIFS Capital Markets Limited) announced that Araiya and Kiaan Trust has acquired shares in the company through a rights issue. The disclosure was made in compliance with Regulations 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Araiya and Kiaan Trust, identified as a Promoter/Promoter group, increased its holding in Nexome Capital Markets Limited. Prior to the acquisition, the trust held 1.23% of the company’s shares, representing 1,000 shares. Following the rights issue, the trust’s holding increased to 1.01%, representing 1,08,750 shares.

The trust acquired 36,250 shares through the rights issue. The total diluted shareholding now stands at 1.01%, based on a total diluted share/voting capital of Rs. 10,73,55,000.

Shareholding Details

The following table summarizes the changes in shareholding:

DetailBefore AcquisitionAfter Acquisition
Shares carrying voting rights1,0001,08,750
% w.r.t. total share/voting capital0.931.01
Warrants/convertible securities1,72,5001,72,500

The acquisition was made through a rights issue on March 24, 2026. The equity share capital/total voting capital of the company before the acquisition was Rs. 5,87,70,000. The equity share capital/total voting capital of the company after the acquisition is Rs. 8,81,55,000.

Source:​

 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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