Avonmore Capital promoter Innovative Money Matters adds 20,000 shares
- Innovative Money Matters acquired 20,000 shares via open market on August 28, 2026
- Promoter stake rises from 33.52% to 33.53% of total voting capital
- Total holding stands at 94,624,785 shares post-acquisition
- Disclosure filed under SEBI SAST Regulations Regulation 29(2)

*this image is generated using AI for illustrative purposes only.
Avonmore Capital & Management Services promoter Innovative Money Matters Private Limited acquired 20,000 equity shares in the company through an open market transaction on August 28, 2026. The purchase increases the promoter’s total holding to 94,624,785 shares, representing 33.53% of the total voting capital.
The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange and National Stock Exchange on August 31, 2026.
Shareholding Details
The transaction involved only shares carrying voting rights. There were no changes in voting rights held otherwise than by shares or in warrants and convertible securities.
| Metric | Before Acquisition | Change | After Acquisition |
|---|---|---|---|
| Shares held | 94,604,785 | +20,000 | 94,624,785 |
| Stake percentage | 33.52% | +0.01% | 33.53% |
Regulatory Context
The disclosure was signed by Navjeet Singh Sobti, Director of Innovative Money Matters Private Limited. The total equity share capital of Avonmore Capital & Management Services remains unchanged at 282,184,741 shares with a face value of ₹282,184,741.
Historical Stock Returns for Avonmore Capital & Management Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.79% | +4.23% | +50.71% | -5.55% | -29.25% | 0.0% |
Will this incremental stake consolidation signal a broader strategy by Innovative Money Matters to increase control or prepare for a potential takeover bid?
How might this open market purchase influence Avonmore Capital's stock price volatility and liquidity in the near term?
Are there any upcoming corporate actions, such as dividend declarations or rights issues, that could be impacted by the promoter's increased voting power?


































