Almondz Global Securities promoter confirms non-encumbrance of shares in FY26

1 min read     Updated on 20 Jun 2026, 10:13 AM
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Promoter Manpreet Singh confirmed holding 3,000 shares in Almondz Global Securities Ltd with no encumbrance in FY26. Avonmore Capital holds 8,74,08,454 shares, while Rakam Infrastructures holds 13,66,676 shares, both with no encumbrance. Innovative Money Matters holds NIL shares.

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Promoter Manpreet Singh has confirmed holding 3,000 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

Particulars Manpreet Singh Avonmore Capital & Management Services Ltd Innovative Money Matters Pvt Ltd Rakam Infrastructures Private Limited
Promoter Group Status Yes Yes Yes Yes
Shares Held 3,000 8,74,08,454 NIL 13,66,676
Date of Holding March 31, 2026 March 31, 2026 March 31, 2026 March 31, 2026
Encumbrance Status No encumbrance No encumbrance No encumbrance No encumbrance
Regulation SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Regulation 31(4) SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Regulation 31(4) SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Regulation 31(4) SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Regulation 31(4)

Historical Stock Returns for Almondz Global Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+3.17%-1.18%-8.25%-9.43%-33.38%+79.19%

How might the zero-encumbrance status of the promoter holdings influence investor confidence and the stock's liquidity in the upcoming fiscal year?

Does the significant shareholding by Avonmore Capital suggest potential strategic acquisitions or business expansions for Almondz Global Securities in the near future?

Could the clean holding status indicate a shift in the promoter group's strategy toward raising fresh capital rather than leveraging existing shares?

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Almondz Global Securities gains as India exempts E22-E30 ethanol from excise duty

2 min read     Updated on 12 Jun 2026, 04:27 AM
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Almondz Global Securities is positioned to benefit from India's new ethanol policy exempting E22-E30 blends from excise duty. Its SPV, Premier Green Innovations, operates 485 KLPD capacity across Himachal Pradesh and Odisha. The policy shift is expected to drive higher procurement, improved capacity utilisation, and revenue growth.

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Almondz Global Securities is poised to capitalise on the Government of India's landmark decision to exempt petrol blended with 22%–30% ethanol (E22–E30) from excise duty, alongside the launch of E85 fuel for flex-fuel vehicles. These policy measures mark a significant acceleration of India's National Biofuel Programme and are expected to drive structural growth in ethanol consumption. The company stands to benefit through its Special Purpose Vehicle (SPV), Premier Green Innovations Private Limited (PGIPL), which operates grain-based ethanol manufacturing facilities.

The Bureau of Indian Standards (BIS) has notified specifications for E22, E25, E27 and E30 fuel blends, facilitating higher ethanol usage in the transportation sector. The excise duty exemption on E22–E30 blends removes a key cost barrier, while the introduction of E85 fuel creates a new demand segment. These initiatives are designed to strengthen energy security, reduce dependence on imported fossil fuels, and promote sustainable rural economic growth.

Strategic Manufacturing Footprint

almondz global securities holds a 40.99% equity stake in PGIPL, while Avonmore Capital & Management Services Limited holds an additional 8.88% stake. PGIPL, formerly known as Premier Alcobev Private Limited, is a leading ethanol producer in northern India and is empanelled with Oil Marketing Companies (OMCs) under the Ethanol Blended Petrol (EBP) Programme.

Facility Location Capacity
Sansarpur Himachal Pradesh 285 KLPD
Sambalpur Odisha 200 KLPD

The Sansarpur facility in the Kangra district and the Sambalpur facility in Odisha are equipped with Zero Liquid Discharge (ZLD) infrastructure. The Odisha plant has recently commenced commercial production, expanding the group's operational footprint.

Growth Drivers and Market Impact

The government's push for higher ethanol blending is expected to create a substantial long-term demand driver for the industry. As blending levels progress from E20 to E30, ethanol requirements could potentially increase by up to 50% per litre of blended petrol. This shift presents several opportunities for PGIPL:

  • Higher Ethanol Procurement: Increased blending targets will require OMCs to source significantly larger quantities of ethanol.
  • Improved Capacity Utilisation: Rising procurement requirements can lead to higher utilisation of existing plants.
  • Revenue Growth: Expanded production capabilities and growing demand support increased sales volumes.
  • Enhanced Operating Leverage: Higher production volumes allow fixed costs to be spread over larger output, potentially improving profitability.

Management stated that the policy announcements provide a clear pathway for higher ethanol consumption, translating into a larger addressable market and stronger demand visibility. The combination of BIS standards, blending targets, and fiscal incentives offers long-term policy certainty for ethanol producers.

Historical Stock Returns for Almondz Global Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+3.17%-1.18%-8.25%-9.43%-33.38%+79.19%

How will the supply chain for feedstock adapt to meet the potential 50% surge in ethanol demand as blending targets rise from E20 to E30?

What is the expected timeline for the widespread commercial rollout of E85 fuel and the corresponding adoption of flex-fuel vehicles in India?

Will the current manufacturing capacity of PGIPL be sufficient to capture the increased demand, or are there plans for further expansion?

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1 Year Returns:-33.38%