Nexome Capital Markets' board allotted 19,20,000 equity shares upon full conversion of warrants by five allottees.
The conversion increased the company's paid-up equity capital to ₹10.74 crore from ₹8.82 crore, resulting in significant dilution.
All warrant holders paid the balance 75% of the ₹64 per warrant issue price, totaling ₹9.22 crore received by the company.
The newly allotted shares will be subject to a lock-in period as per SEBI ICDR Regulations and rank pari-passu with existing shares.