SUBSIDIARY COMPANIES
1. Nexome Capital Services Limited
Company Profile: Nexome Capital Services Limited
(A Wholly-Owned Subsidiary of Nexome Capital Markets Limited)
Nexome Capital Services Limited (formerly known as SMIFS Capital Services Limited) operates as a wholly-owned subsidiary of Nexome Capital Markets Limited. Our subsidiary serves as a key vehicle for the Group's strategic expansion into specialized financial services and asset management.
Corporate Rebranding
In alignment with the parent company's broader rebranding initiative and strategic vision, the subsidiary officially changed its name from
"SMIFS Capital Services Limited" to
"Nexome Capital Services Limited".
This name change was executed in compliance with Section 13 of the Companies Act, 2013, and the formal Certificate of Incorporation pursuant to the change of name was issued by the Registrar of Companies (ROC), Kolkata, with effect from June 26, 2025.
Strategic Operations & Alteration of Objects
To capitalize on emerging opportunities in the financial sector, the Company altered the Object Clause of its Memorandum of Association (MoA) during the financial year 2025-26 to explicitly engage in fund management activities. This alteration was approved by the Ministry of Corporate Affairs (MCA) vide a Certificate dated May 18, 2025.
Board of Directors & Governance
The Company is guided by a Board of Directors that brings deep industry expertise and governance oversight. In accordance with the exemptions provided to wholly-owned subsidiaries under Rule 4(2) of the Companies (Appointment and Qualification of Directors) Rules, 2014, the Company is not required to appoint Independent Directors.
As of March 31, 2026, the Board comprised four Non-Executive Directors:
- Mr. Kishor Shah – Non-Executive, Non-Independent Director
- Mrs. Pushpa Mishra – Non-Executive, Non-Independent Director
- Mr. Shreemanta Banerjee – Non-Executive, Non-Independent Director
- Mr. Nitin Daga – Non-Executive, Non-Independent Director
Nexome Capital Services Limited remains committed to maintaining the highest standards of transparency, internal controls, and regulatory compliance as it builds its fund management capabilities.
FINANCIAL STATEMENTS:
2. Nexome Wealth Management Limited
Company Profile: Nexome Wealth Management Limited
(A Wholly-Owned Subsidiary of Nexome Capital Markets Limited)
Nexome Wealth Management Limited is a recently established, wholly-owned subsidiary of Nexome Capital Markets Limited (formerly known as SMIFS Capital Markets Limited). The entity was formed to serve as the Group's dedicated arm for delivering comprehensive corporate advisory and wealth management solutions.
Incorporation & Strategic Objectives
The Company was officially incorporated under the provisions of the Companies Act, 2013, on July 22, 2025, and successfully commenced its business operations on the same day.
In strict adherence to the Object Clause of its Memorandum and Articles of Association (MoA & AoA), the primary mandate of the Company is to provide a wide spectrum of corporate advisory services. This strategic addition strengthens the parent organization's capacity to offer specialized financial, structural, and strategic guidance to corporate clients.
Board of Directors & Governance
The Company is steered by an experienced Board of Directors that ensures rigorous corporate governance. In accordance with the exemptions granted to wholly-owned subsidiaries under Rule 4(2) of the Companies (Appointment and Qualification of Directors) Rules, 2014, the Company is not obligated to appoint Independent Directors on its Board.
As of March 31, 2026, the Board comprised four Non-Executive Directors:
- Mr. Kishor Shah – Non-Executive, Non-Independent Director
- Mr. Shreemanta Banerjee – Non-Executive, Non-Independent Director
- Mr. Samarth Parekh – Non-Executive, Non-Independent Director
- Mrs. Pushpa Mishra – Non-Executive, Non-Independent Director
Nexome Wealth Management Limited remains fully committed to reflecting the Nexome Group's core values of transparency, operational integrity, and strict statutory compliance across all its advisory engagements.
FINANCIAL STATEMENTS:
