Nexome Capital Markets Approves Quarterly Results, Completes Rights Issue and Warrant Conversion

Nexome Capital Markets Approves Quarterly Results, Completes Rights Issue and Warrant Conversion

Nexome Capital Markets Approves Quarterly Results, Completes Rights Issue and Warrant Conversion​

Nexome Capital Markets Ltd has announced the approval of its Un-Audited Financial Results for the quarter ended June 30, 2026, alongside the Limited Review Report. The Board of Directors also reviewed the utilization of proceeds from the company's rights issue and adopted a comprehensive Corporate Social Responsibility (CSR) Policy for the financial year 2026-27.

The company conducted a board meeting on August 11, 2026, at which it approved the results and noted the Statement of Deviation(s)/Variation(s) for the quarter ended June 30, 2026. The Board also reviewed the Monitoring Agency Report concerning the utilization of proceeds from the Rights Issue. Management and the Board subsequently approved comments and explanations addressing the findings of the Monitoring Agency.

Capital Market Operations and Transaction Highlights​

The company successfully completed its rights issue during the previous financial year. Details regarding the rights issue include:

  • Shares Issued: 29,38,500 fully paid-up equity shares, face value Rs 10 each.
  • Issue Price: Rs 75 per rights equity share, which included a premium of Rs 65.
  • Proceeds: Aggregating up to Rs 2,203.875 Lakhs. The funds were fully received, and shares were allotted on March 24, 2026.

Furthermore, the company executed subsequent actions related to earlier allotments:

  • Warrant Allotment: During the previous year ended March 31, 2025, Nexome Capital Markets had allocated a total of 19.2 lakhs warrants. The company received an aggregate consideration of Rs 307.2 Lakhs towards the minimum 25% of the total consideration for these Equity Convertible Warrants as on March 31, 2025.
  • Warrant Conversion: During the quarter ended June 30, 2026, the company converted all 19.2 lakhs Equity Convertible Warrants into 19.2 lakhs Equity Shares on April 20, 2026. The conversion was completed upon receipt of the balance 75% consideration, aggregating to Rs 921.6 lakhs. These newly issued equity shares rank pari-passu with existing equity shares.

Financial Performance Review​

The company's operational performance across its segments and consolidated operations is detailed in the following financial summaries for the quarter ended June 30, 2026:

Consolidated Statement of Unaudited Financial Results (Q ended 30.06.2026)​

ParticularsQ Ended 30.06.2026 /UnauditedQ Ended 31.03.2026 /AuditedQ Ended 30.06.2025 /UnauditedFY Ended 31.03.2026 /Audited
Net Sales/Income from Operations303.392,191.261,669.944,804.65
Other Income424.2778.9878.99291.94
Total Income727.662,270.241,748.935,096.59
Total Expenses561.99797.641,552.343,420.73
Profit before Tax165.671,472.59196.591,675.86
Net Profit after Tax124.51944.70126.751,071.29

Standalone Statement of Unaudited Financial Results (Q ended 30.06.2026)​

ParticularsQ Ended 30.06.2026 /UnauditedQ Ended 31.03.2026 /AuditedQ Ended 30.06.2025 /UnauditedFY Ended 31.03.2026 /Audited
Net Sales/Income from Operations302.712,190.421,665.654,794.84
Other Income424.2678.8078.99291.75
Total Income726.972,269.221,744.645,086.59
Total Expenses558.34749.311,546.783,324.85
Profit before Tax168.631,519.91197.861,761.74
Net Profit after Tax127.45992.16127.951,157.12

Loan Provisioning Update​

Regarding the company’s loan portfolio, Nexome Capital Markets carries an ad hoc provision at a rate of 6% on outstanding loans. As of June 30, 2026, the total provision due amounts to Rs 169.33 lakhs. During the quarter ended June 30, 2026, the company reversed a provision amounting to Rs 24.92 lakhs, which was credited to the Statement of Profit and Loss.

Stock Price Movement​

As of 14:36, shares of Nexome Capital Markets Ltd are ticking down to ₹117.25, reflecting a decline of 3.46%. The stock has traded through a wide intraday range today, moving from a low of ₹117.20 up to a high of ₹127.00.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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