Almondz Global Securities has allotted 80,00,000 fully convertible warrants to Ms. Nandakumar Padma on a preferential basis at an issue price of ₹16.58 per warrant. The Committee for Further Issue of Share approved the allotment on June 29, 2026, upon receipt of 25% of the issue price. These warrants, issued to a non-promoter individual, carry a right to subscribe to one equity share per warrant and are locked-in for a specified period as per SEBI regulations.

The warrants are convertible into an equal number of fully paid-up equity shares with a face value of ₹1 each. The balance 75% of the issue price is payable within 18 months from the date of allotment. The company noted that this allotment does not result in an immediate change in the paid-up share capital; the capital will increase only upon the exercise and conversion of the warrants into equity shares.

Issue Details

The following table outlines the key parameters of the preferential allotment:

The allotment is subject to the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has informed BSE Limited and National Stock Exchange of India Limited regarding this development.

Promoter Gurpreet Sobti has confirmed holding NIL shares in Almondz Global Securities Ltd as on March 31, 2026, with no encumbrance created during the financial year. The disclosure, submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, verifies that no charges, pledges, or hypothecation were made on these shares directly or indirectly in FY26. This filing provides transparency regarding the holding status of the promoter group entity.

Separately, Avonmore Capital & Management Services Ltd, another promoter, declared holding 8,74,08,454 shares with no encumbrance as on the same date. The disclosure, submitted by Sonal, Company Secretary & Compliance Officer, confirmed that no encumbrance was created on the shares during the financial year ended March 31, 2026.

Innovative Money Matters Private Limited disclosed that it holds NIL shares in the company as on March 31, 2026. The declaration, signed by Navjeet Singh Sobti, Director, confirmed that the entity has not created any encumbrance on the said shares during FY26.

Rakam Infrastructures Private Limited, also part of the promoter group, confirmed holding 13,66,676 shares with no encumbrance as on March 31, 2026. The entity verified that no charge was created on these shares during the financial year. These communications were addressed to the General Manager of Listing & Corporate Relations at BSE Ltd, the Listing Department at National Stock Exchange of India Ltd, and the Audit Committee of Almondz Global Securities Ltd.

Key Details of the Disclosure