StockWatch
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Other Financial Services
Regulatory6 Nov 2026, 05:41 pm

Nexome Capital Markets: No Deviation in Rights Issue Fund Utilization

AI Summary

Nexome Capital Markets Ltd has filed its Statement of Deviation & Variation for the quarter ended September 30, 2026. The company reported no deviations or variations in the utilization of funds raised through its Rights Issue of Equity Shares. The funds, amounting to ₹22.03 Crores (Gross Proceeds), were raised on March 24, 2026. The utilization included investments in shares and securities, mutual funds, and general corporate purposes. The statement has been reviewed by the Audit Committee and taken on record by the Board.

Key Highlights

  • No deviation reported in the utilization of funds from the Rights Issue.
  • Total funds raised were ₹22.03 Crores via Rights Issue.
  • Funds were utilized for investments and general corporate purposes.
  • Statement reviewed by Audit Committee and Board.