Almondz Global Securities Limited issued a corrigendum on July 29, 2026, to rectify a typographical error in its press release dated July 28, 2026, concerning the unaudited financial results for the quarter ended June 30, 2026. The correction pertains to the year-on-year comparison data for the Financial Services vertical and does not alter the consolidated net profit of ₹12.55 crore or any other approved financial metrics.

Correction Details

The Company clarified that the inadvertent error appeared in the third paragraph under the "Performance Overview – Financial Services" section of the original disclosure. The corrected statement accurately reflects the year-on-year quarterly comparison for the segment:

Ajay Pratap, Director – Legal & Corporate Affairs and Company Secretary, signed the corrigendum, confirming that there is no change in the Unaudited Financial Results previously approved by the Board of Directors and submitted to the stock exchanges. All other contents of the July 28 press release remain unchanged.

Financial Context

The original report highlighted a consolidated net profit of ₹12.55 crore for Q1FY27, an 81% increase from ₹6.93 crore in the corresponding period last year. Consolidated revenue rose to ₹44.96 crore from ₹32.28 crore. The Financial Services vertical, which includes wealth advisory and broking, saw revenue grow from ₹9.20 crore to ₹15.97 crore year-on-year, with profit increasing from ₹2.52 crore to ₹6.49 crore. The Infrastructure Advisory segment recorded revenue of ₹28.53 crore and profit of ₹2.49 crore. The Green Fuel Business joint venture, Premier Green Innovations Private Limited, remains ready for commercial operations pending procurement agreements with Oil Marketing Companies.

Almondz Global Securities Limited has received in-principle approval from the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) for a proposed preferential issue of 1,63,18,538 equity shares to its promoters. The approvals, granted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, allow the company to convert an unsecured loan aggregating to ₹25,00,00,000 into equity. The issue price is set at not less than ₹15.32 per share. This capital restructuring aims to strengthen the company’s balance sheet by converting debt into equity, thereby reducing leverage while enhancing promoter holding.

The regulatory clearances were communicated through BSE letter No. LOD/PREF/SS/FIP/459/2026-27 dated July 23, 2026, and NSE letter Ref: NSE/LIST/54555 dated July 23, 2026. Ajay Pratap, Director Legal & Corporate Affairs and Company Secretary, filed the intimation with both exchanges on July 24, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations. The filings confirm that the allottees are the promoters of the company, and the mode of consideration is strictly the conversion of existing unsecured loans.

Key Parameters of the Preferential Issue

The following table outlines the specific details of the proposed securities issuance:

Compliance and Listing Obligations

Both exchanges have clarified that the in-principle approval does not constitute final approval for the listing of these securities. Almondz Global Securities must separately comply with listing formalities upon allotment. The company is required to file the listing application within twenty days from the date of allotment, as mandated by Schedule XIX – Para (2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023. Failure to adhere to this timeline may attract fines as specified in the circular.

Internal Controls and Allottee Undertakings

To prevent market abuse, both BSE and NSE have directed the company to strengthen internal controls monitoring trades executed by the proposed allottees prior to allotment. Specifically, Almondz Global Securities must:

• Obtain an undertaking from the promoters confirming they will not engage in intra-day trading or any sale of the company’s scrip until the allotment date, in compliance with Chapter V of the SEBI ICDR Regulations.
• Ensure that the responsibility for verifying this undertaking and ensuring compliance with Regulation 167(6) of the SEBI ICDR Regulations, 2018, rests solely with the issuer company.
• Note that any non-compliance observed by the exchanges post-verification may impact the listing of such shares.

The exchanges reserve the right to withdraw the in-principle approval if the submitted information is found to be incomplete, incorrect, misleading, or false, or if it contravenes any applicable rules, bye-laws, or regulations issued by statutory authorities including SEBI, RBI, and MCA.