Rights Issue11 Aug 2026, 04:24 pm
Nexome Capital Markets Ltd: Rights Issue Funds Utilized Appropriately
AI Summary
Nexome Capital Markets Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by CARE Ratings Limited. The report confirms that funds raised through the company's Rights Issue, aggregating to ₹22.04 crore, have been appropriately utilized for the objects stated in the offer document. The utilization was reviewed and approved by the Audit Committee and the Board of Directors. The report also clarifies that there are no deviations from the stated objects of the issue.
Key Highlights
- Funds from ₹22.04 crore Rights Issue utilized as per offer document.
- CARE Ratings Limited issued the Monitoring Agency Report.
- No deviations from the objects of the Rights Issue were reported.
- Report approved by Audit Committee and Board of Directors.
Price Impact
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