NMS Resources Global Ltd — Important, 22-12-2025: Company Update
22-12-2025 | 07:46 pm
22-12-2025 | 07:46 pm
NMS Global Limited's Board has approved withdrawing its application for in-principle approval of a preferential issue of 1.13 Cr convertible equity warrants. These warrants were initially planned for 97 non-promoter allottees at ₹65 each, aiming to raise a total of ₹73.53 Cr. The company's decision stems from an internal assessment and the withdrawal of investment commitments by some proposed investors due to prolonged delays in obtaining regulatory approval. Consequently, the company is unable to proceed with the capital raise as originally planned, impacting its funding strategy.
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