Acquisitions6 April 2026 at 01:21 pm
Lend Lease Company Acquires Shares of Nexome Capital Markets Ltd Under SEBI Regulations
AI Summary
Lend Lease Company (India) Limited (Acquirer) has submitted a notification under Regulation 10(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI Regulations). The Acquirer has acquired shares of Nexome Capital Markets Limited (Formerly SMIFS Capital Markets Limited) as per Regulation 10(4)(b) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The acquisition price per share was Rs. 75.00. The Acquirer held 4.92% of the total share capital before the acquisition and 16.46% after the acquisition.
Key Highlights
- Lend Lease Company (India) Limited has acquired shares of Nexome Capital Markets Limited
- The acquisition was made under Regulation 10(4)(b) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011
- The acquisition price per share was Rs. 75.00
- Before the acquisition, Lend Lease Company held 4.92% of the total share capital
- After the acquisition, Lend Lease Company holds 16.46% of the total share capital