New Markets Advisory Ltd

Appointments and approvals

• Appointed Himanshu Khatri as Additional Non-Executive Independent Director for five years, subject to shareholder approval.
• Appointed M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for 2026-27 to 2030-31, subject to shareholder approval.
• Authorised Kishore Kanhiyalal Jain to negotiate software licenses with Mizzen Digital and others.
• Appointed Mr. Suhas Ganpule as Scrutinizer for the 44th AGM, effective 25 August 2026.

AGM-related actions

• Notice of 44th AGM to be held on 29 September 2026.
• Directors' Report for year ended 31 March 2026 approved.
• Book Closure and Record Date approved for AGM.
• E-Voting facility for 44th AGM approved.

Transaction details

• Target: New Markets Avenue Ltd (formerly New Markets Advisory Ltd).
• Acquirer: Spring Trade Mercantile Private Limited (PAC: same).
• Exchange: Bombay Stock Exchange Limited.
• Pre-acquisition holding: 0% voting rights; 0% encumbrances.
• Post-acquisition holding: 4.88% voting rights; 5,00,000 shares encumbered.
• Acquired: 5,00,000 shares (4.88% of voting capital).
• Mode: Preferential allotment.
• Date of allotment: 13-08-2026.
• Equity capital before/after: 1,02,40,000 shares of Rs 10 (unchanged).

Transaction details

• Target: New Markets Avenue Limited (Formerly New Markets Advisory Limited).
• Acquirer: M/s. Mamta Securities Private Limited.
• Listed on: Bombay Stock Exchange Limited.
• Pre-acquisition holding: 0 voting rights shares (0%).
• Acquisition: 10,00,000 shares acquired (9.77%) via preferential allotment.
• Post-acquisition holding: 10,00,000 shares (9.77%).
• Encumbrances: 10,00,000 shares encumbered.
• Date of acquisition: 13-08-2026.
• Equity share capital before: 1,02,40,000 shares of Rs 10.
• Equity share capital after: 1,02,40,000 shares of Rs 10.
• Total diluted share capital after: NA.
• Mode: Preferential Allotment.

Acquisition details

• Target: New Markets Avenue Limited (formerly New Markets Advisory Limited).
• Acquirer and PAC: Mrs. Chhaya Gaurang Shah.
• Acquirer not in promoter/promoter group.
• Stock exchange: Bombay Stock Exchange Limited.
• Pre-acquisition holding: 0 shares, 0% voting, 0% encumbrance.
• Acquired: 10,00,000 voting shares (9.77%).
• Encumbrance on acquired shares: 10,00,000 (9.77%).
• Post-acquisition holding: 10,00,000 shares (9.77%).
• Mode: Preferential Allotment.
• Date of allotment: 13-08-2026.
• Equity share capital before/after: 1,02,40,000 shares of Rs 10.
• Total diluted share capital after acquisition: NA.

Parties and listing

• Target: New Markets Avenue Limited (Formerly Known as New Markets Advisory Limited).
• Acquirer: Mr. Prakash Bhoorchand Shah; PAC: none.
• Promoter group: Not part of promoter/promoter group.
• Listed on: Bombay Stock Exchange Limited.

Acquisition details

• Pre-acquisition holding: 0 voting shares; 0%.
• Acquired: 18,00,000 voting shares; 17.58% of total voting capital.
• Mode: Preferential Allotment; Date: 13-08-2026.
• Post-acquisition holding: 18,00,000 voting shares; 17.58%.
• Equity share capital before/after: 1,02,40,000 shares of Rs 10.
• Total diluted share/voting capital after: NA.

Agenda

• Board meeting scheduled for August 25, 2026 at the registered office.
• Proposed appointment of Himanshu Khatri as additional Independent Director.
• Proposal to purchase software license from Mizzen Digital Private Limited.
• Any other business with the Chair's permission.

Fundraising details

• Mode of fund raising was a Preferential Issue.
• Funds were raised on 27 November 2025.
• Total amount raised: ₹5,02,50,000.

Deviation status

• Deviation in use of funds: Not Applicable.

Filing and oversight

• Report filed for quarter ended June 30, 2026.
• Monitoring agency: Not Applicable.

Financial results

• Board approved unaudited standalone results for quarter ended 30 June 2026 with Limited Review Report.
• Revenue from operations nil; other income 1.80; total revenue 1.80.
• Profit after tax: (25.49) lakhs; EPS (basic/diluted): (0.52).
• Paid-up equity capital: ₹494.00 lakhs.
• Auditor's review: unmodified opinion; audit committee reviewed on 11-08-2026; Board approved on same date.

Fund utilisation and fund-raising

• Deviation in utilisation of funds raised: Not Applicable.
• Funds raised via preferential issue on 27 Nov 2025: ₹5,02,50,000.
• No deviation identified; detailed allocation filed with stock exchange.

Capital actions

• 5,300,000 warrants converted to 5,300,000 equity shares at Rs 10.
• Allotment on preferential basis to five non-promoter/public allottees.
• Total shares allotted: 5,300,000.
• Allottees: Chhaya Shah; Mamta Securities; Spring Trade Mercantile; Prakash Shah; Plutus Capital Management LLP.
• In-principle BSE approval obtained (Letter No. LOD/PREF/SV/FIP/3274/2022-23 dated 20-10-2025).

Governance & audit

• Appointment of M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for FY2025-26.
• Annexure A outlines auditor details, reason for change, appointment date, and term.
• FY2025-26 appointment date: 04/07/2026; term: one financial year.
• FY correction: clerical error changing year from 2026-27 to 2025-26.