Innovative Money Matters Private Limited acquired a 0.10% stake in Almondz Global Securities through an open market purchase on August 27, 2026. The promoter entity bought 195,000 shares, marking its initial entry into the equity capital of the listed broker.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Innovative Money Matters holds no other voting rights or convertible instruments in the target company.

Transaction Details

Following the transaction, Innovative Money Matters' total holding stands at 195,000 shares. This represents 0.09% of the total diluted share/voting capital of Almondz Global Securities.

Capital Structure Context

The target company's equity share capital remained unchanged at 191,218,294 shares (face value ₹1 each) after the acquisition. The total diluted share/voting capital is recorded at 209,178,334 shares, reflecting outstanding convertible securities or warrants.

Navjeet Singh Sobti, Director of Innovative Money Matters, signed the disclosure filed with the Bombay Stock Exchange and National Stock Exchange on August 28, 2026.

Almondz Global Securities Limited approved a scheme to demerge its Infrastructure Advisory Business into Almondz Global Infra Consultant Limited. The board also fixed September 30, 2026, as the date for the annual general meeting.

The decision was taken at the board meeting held on August 24, 2026, under Regulation 30 of the SEBI Listing Regulations. The scheme requires approval from the National Company Law Tribunal and other statutory authorities.

Demerger Details

The Infrastructure Advisory Business generated turnover of ₹292.01 lakh in FY26, accounting for 4.58% of the listed entity’s total standalone turnover. The demerged undertaking includes all assets, liabilities, and operations related to consultancy and advisory services in the infrastructure segment.

Rationale and Benefits

The company stated that the infrastructure advisory business involves long gestation periods and distinct risk profiles compared to its stock broking operations. Separating the units aims to enable focused management, streamlined decision-making, and operational independence.

Key benefits cited include:

• Greater autonomy for the resulting company in capital raising and risk management
• Ability to attract investors with specific interest in infrastructure advisory
• Enhanced talent retention through specialized workforce management
• Improved transparency and corporate governance for stakeholders

Share Exchange Ratio

Shareholders of Almondz Global Securities will receive 666 equity shares of Almondz Global Infra Consultant Limited for every 10,000 equity shares held. The resulting company will seek listing on stock exchanges post-demerger.

Warrant holders will receive 666 convertible warrants of the resulting company (issue price ₹57.17) for every 10,000 outstanding warrants of the demerged company (existing issue price ₹16.58).

Shareholding Pattern

The promoter holding in Almondz Global Securities remains unchanged at 55.01%. The public shareholding stands at 44.99%.

In the resulting company, promoters will hold 68.49% post-scheme, while public shareholders will hold 31.51%.

The company has issued 80,00,000 unlisted convertible share warrants at ₹16.58 each, outstanding as on June 30, 2026. These are convertible into equity shares within 18 months.