Avonmore Capital & Management Services promoter Innovative Money Matters Private Limited acquired 10,000 equity shares in the open market on September 1, 2026.

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 September 2, 2026.

Shareholding Details

Innovative Money Matters held 94,684,785 shares before the transaction, representing 33.55% of the total share capital. Following the purchase, the holding increased to 94,694,785 shares.

The percentage stake remained unchanged at 33.55% due to the small size of the transaction relative to the total outstanding capital. The company’s total equity share capital stands at 282,184,741 shares.

Regulatory Context

The disclosure confirms that no voting rights other than those carried by shares were involved in the transaction. There were no warrants or convertible securities acquired or sold. The total diluted share capital remains at 282,184,741 shares.

Avonmore Capital & Management Services has received in-principle approval from its Board of Directors to raise up to ₹60 crore through the issuance of Non-Convertible Debentures (NCDs). The funds will be raised via a private placement route to eligible investors.

The Board meeting, held on September 1, 2026, also approved the Notice and Directors’ Report for the financial year ended March 31, 2026. Additionally, the company fixed Wednesday, September 30, 2026, as the date for its Annual General Meeting (AGM).

Key Details of the NCD Issuance

The Board has delegated authority to the Committee of Further Issue of Securities to finalize terms and conditions within the approved limit. Key parameters disclosed under Regulation 30 of the SEBI Listing Regulations include:

The meeting commenced at 12:30 pm and concluded at 1:25 pm. Sonal, Company Secretary & Compliance Officer, issued the disclosure on September 1, 2026.