EL CID Investments503681Stake acquisition deal
Elcid Investments to subscribe 160 Series E CCPS of Nexon Omniverse for ₹1,60,00,000
By ScoutQuest · · 1 min read
0.6%Aggregate shareholding on fully diluted basis
- Subscription amount
- 160 Series E CCPS at a subscription price of ₹1,00,000 per CCPS, aggregating ₹1,60,00,000
- Fully diluted holding
- approximately 0.60%
- Conversion terms
- Each CCPS converts into 9195/160 shares (57.47 per CCPS)
- Target
- Nexon Omniverse Limited (formerly Ethnicity Limited)
- Transaction
- Acquisition / further investment (subscription to Compulsorily Convertible Prefe
Elcid Investments to subscribe 160 Series E CCPS of Nexon Omniverse for ₹1,60,00,000.
Date of incorporation of target
Name changed to Ethnicity Limited
Name changed to Nexon Omniverse Limited
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More numbers
- Subscription price per Series E CCPS₹1,00,000
- Total proposed investment₹1,60,00,000
- Number of Series E CCPS subscribed160
- Conversion ratio per CCPS57.47
- Shares on conversion of CCPS E9195
- Aggregate shareholding on fully diluted basis0.60%
- Target turnover FY 2026₹ 1198.7 Crores
- Indicative time period for completion30 days
- Consideration₹1,60,00,000
Source: BSE · 3 Nov 2026
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