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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
EL CID Investments Ltd

EL CID Investments Ltd to Subscribe to CCPS of Nexon Omniverse Ltd

FUNDRAISE ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 03 Nov 2026, 05:46 PM IST  ·  BSE ID: db64edd2-ef69-46b3-a89b-ac538797ce62
View Original BSE Filing (PDF)
💡
In Simple Terms
Elcid Investments is investing more money into Nexon Omniverse by buying special shares that can be converted into stock later.
🤖 AI Summary
  • EL CID Investments Ltd to subscribe to 160 Series E CCPS of Nexon Omniverse Limited.
  • Nexon Omniverse is a fashion retailer with FY26 turnover of ₹ 1198.7 Crores.
  • Each Series E CCPS is subscribed at ₹1,00,000, converting into 9195 shares.
  • The investment is in the normal course of business for Elcid Investments as an NBFC-Investment Company.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Nexon Omniverse Limited FY26 Turnover
₹ 1198.7 Crores
Number of Series E CCPS to subscribe
160
Subscription price per Series E CCPS
₹1,00,000
Total proposed investment
₹1,60,00,000
Indicative completion period
30 days
🏢 How This Affects the Company
📈
Business Impact
This investment expands Elcid Investments' stake in Nexon Omniverse, a fashion retailer, aligning with its NBFC-Investment Company business model.
💰
Financial Impact
The company will allocate cash for the subscription of CCPS, increasing its investment in Nexon Omniverse. The total cost for the 160 Series E CCPS is ₹1,60,00,000.
⚠️
Risk Impact
This transaction introduces further financial exposure to the fashion retail sector through Nexon Omniverse.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this investment announcement.
👤
Who Is Affected
Shareholders of EL CID Investments Limited are indirectly affected through the company's increased investment in Nexon Omniverse Limited.
🔍
Management Signal
This decision signals management's continued commitment to its investment strategy and its belief in the growth potential of Nexon Omniverse.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Confirmation of CCPS subscription completion.
Disclosure on conversion ratio and shareholding post-conversion.
Nexon Omniverse Limited's financial performance updates.
MEDIUM RISK Investment in a specific entity carries sector-specific and company-specific risks.
💡 Investor Takeaway
EL CID Investments Ltd is making a further investment of ₹1,60,00,000 by subscribing to 160 Series E CCPS in Nexon Omniverse Limited, a fashion retailer with ₹ 1198.7 Crores turnover for FY26.
⚖️ Strengths & Concerns

✅ Positives

  • Further investment in a fashion retailer with FY26 turnover of ₹ 1198.7 Crores.
  • Investment aligns with the company's core business as an NBFC-Investment Company.

⚠️ Concerns

  • Subscription price of ₹1,00,000 per CCPS, with conversion into 9195 shares.
  • Indicative completion time for the transaction is 30 days.
❓ Frequently Asked Questions
What is EL CID Investments Ltd's further investment in Nexon Omniverse Limited?
EL CID Investments Ltd intends to invest ₹1,60,00,000 by subscribing to 160 Series E Compulsorily Convertible Preference Shares (CCPS) of Nexon Omniverse Limited.
What is the turnover of Nexon Omniverse Limited for the financial year ended March 31, 2026?
The total turnover of Nexon Omniverse Limited for the financial year ended March 31, 2026, was ₹ 1198.7 Crores.
What is the subscription price per Compulsorily Convertible Preference Share (CCPS)?
The Series E CCPS of Nexon Omniverse Limited will be subscribed at a price of ₹1,00,000 per CCPS.
What is the nature of Nexon Omniverse Limited's business?
Nexon Omniverse Limited is a fashion retailer conducting its business under two verticals: Style Union (fast fashion apparel & accessories) and Ethnicity (ethnic wear and home accessories).
What is the indicative time period for the completion of this acquisition?
The indicative time period for the completion of the subscription of CCPS is 30 days.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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