Avonmore Capital & Management Services promoter Innovative Money Matters Private Limited acquired 64,000 equity shares in the open market on August 21, 2026.

The acquisition represents a 0.03% increase in the promoter’s stake, raising its total holding to 94,394,731 shares or 33.45% of the total voting capital. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Transaction Details

Innovative Money Matters Private Limited, identified as a promoter entity, executed the buy-through in the open market. The company held 94,330,731 shares (33.42%) prior to this transaction.

The total equity share capital of Avonmore Capital & Management Services Ltd remains unchanged at 282,184,741 shares with a face value of ₹282,184,741. No warrants, convertible securities, or other voting rights were involved in the transaction.

What the Numbers Show

The promoter’s stake remains stable at approximately one-third of the total voting capital. The incremental acquisition of 64,000 shares is marginal relative to the total outstanding equity, indicating routine portfolio adjustment rather than a significant strategic shift in ownership structure.

Promoter group entity Innovative Money Matters Private Limited has further increased its stake in Avonmore Capital & Management Services Limited by acquiring 55,000 equity shares in the open market on August 20, 2026. This latest acquisition brings the promoter’s total holding to 94,330,731 shares, raising its percentage ownership from 33.40% to 33.42% of the company’s total voting capital.

This transaction follows previous open market purchases of 60,831 shares on August 19, 2026, and 100,000 shares on August 18, 2026. The cumulative effect of these three consecutive days of buying activity reflects a steady accumulation of equity by the promoter group.

The transaction was disclosed under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure was submitted to the Bombay Stock Exchange Ltd. (BSE) and the National Stock Exchange of India Ltd. (NSE) on August 21, 2026, by Navjeet Singh Sobti, Director of Innovative Money Matters Private Limited.

Shareholding Details

The acquisitions did not alter the total equity share capital of Avonmore Capital & Management Services Limited, which remains at 282,184,741 shares. The following table outlines the change in shareholding resulting from the August 20 transaction:

Regulatory Compliance

The filing confirms that the acquirer belongs to the Promoter/Promoter group category. There were no changes in voting rights other than those carried by the shares, nor any acquisition or sale of warrants, convertible securities, or other instruments entitling the acquirer to receive shares carrying voting rights. The total diluted share/voting capital remains unchanged at 282,184,741 shares.

What the Numbers Show

The incremental increase of 0.02% in the promoter’s stake, following similar increases on the two preceding days, reflects routine open market activity rather than a significant strategic shift or large-scale block deal. With the promoter holding remaining stable above the one-third threshold, the control structure of Avonmore Capital & Management Services Limited remains unchanged. The absence of any concurrent disposal by other promoters or introduction of new Persons Acting in Concert (PAC) suggests continuity in the existing ownership framework.