Regulatory25 Sept 2026, 05:01 pm
NMS Global Ltd Receives BSE In-Principle Approval for Warrant Issue
AI Summary
NMS Global Ltd. has received 'In-Principle' approval from BSE Limited for the proposed issue and allotment of 1,17,03,500 Warrants convertible into an equal number of Equity shares. The face value of each share is Rs. 10/-, and the issue price will be not less than Rs. 72/- per warrant. This preferential allotment is targeted at non-promoters. The company has confirmed its commitment to adhering to all conditions set by BSE and relevant SEBI regulations, including the Companies Act, 2013, SEBI (ICDR) Regulations, 2018, and SEBI (LODR) Regulations, 2015.
Key Highlights
- BSE grants 'In-Principle' approval for warrant issuance.
- 1,17,03,500 warrants to be issued, convertible to equity shares.
- Issue price set at a minimum of Rs. 72/- per warrant.
- Allotment to be made on a preferential basis to non-promoters.
- Company to comply with all regulatory requirements.
Price Impact
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