StockWatch
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Trading & Distributors
Business Update17 Sept 2026, 06:10 pm

NMS Global Appoints Monitoring Agency for Preferential Issue

AI Summary

NMS Global Ltd announced the appointment of Infomerics Valuation and Rating Limited as the monitoring agency for its Preferential Issue of 1,17,03,500 Convertible Equity Warrants. The decision was made during a Board of Directors meeting held on September 17, 2026. The funds raised are intended for Working Capital, Investment for Acquisition of Company/Business, and General Corporate Purposes. Pankaj Chander has been authorized to oversee the completion of formalities related to this resolution.

Key Highlights

  • Infomerics appointed as monitoring agency for preferential issue.
  • Issue involves 1,17,03,500 convertible equity warrants.
  • Funds to be used for working capital and acquisitions.
  • Board meeting held on September 17, 2026.
  • Pankaj Chander authorized for related formalities.