Almondz Global Securities Limited has officially confirmed to stock exchanges that it does not meet the criteria for classification as a Large Corporate under SEBI's regulatory framework for debt securities fund raising. The company made this disclosure through a formal communication dated April 10, 2026, addressed to both BSE and NSE.

Regulatory Framework Details

The confirmation relates to SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which establishes the framework for fund raising by issuance of debt securities by Large Corporate Entities. This circular works in conjunction with Chapter XII of SEBI Operational Circular dated August 10, 2021, and SEBI Circular dated November 26, 2018.

Company's Financial Position

The key financial metrics that determine the company's status under the regulatory framework are presented below:

Despite maintaining a credit rating of CARE BBB-;Stable issued by CARE Ratings Ltd, the company's total outstanding long-term borrowings of ₹0.76 crore fall significantly short of the ₹1,000 crore threshold specified under point 3.2 (b) of the October 19, 2023 circular.

Compliance and Documentation

The company has submitted Annexure A as required under the SEBI circulars, providing complete details of its financial position and credit rating status. The documentation was signed by Ajay Pratap, Director Legal & Corporate Affairs & Company Secretary, and Rajeev Kumar, CFO, confirming the accuracy of the submitted information.

Exchange Notification

As part of the regulatory compliance process, Almondz Global Securities has designated BSE as the stock exchange where any potential fines would be paid in case of shortfall in required borrowing under the framework, though this provision does not currently apply to the company given its non-Large Corporate status.

Almondz Global Securities Limited has submitted a revised shareholding pattern to stock exchanges following observations from the National Stock Exchange of India (NSE). The company made this regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on April 8, 2026.

Background of NSE Observations

The company had filed applications with both NSE and BSE Limited seeking in-principle approval for a proposed preferential issue of convertible warrants. This proposal received shareholder approval at an Extra-Ordinary General Meeting (EGM) held on March 27, 2026. Subsequently, NSE raised observations regarding certain disclosures made in the Explanatory Statement to the EGM Notice, specifically concerning the shareholding pattern presentation.

Key Issue Identified

The primary concern relates to the treatment of 15,078,408 equity shares in the shareholding pattern calculations. These shares were originally reflected under the pre-issue shareholding pattern but had not been actually allotted as of the notice date. The proposed allotment has since been withdrawn, making these shares no longer required to be considered in either pre-issue or post-issue shareholding patterns.

Revised Pre-Issue and Post-Issue Shareholding Pattern

The company has provided updated shareholding patterns showing the corrected position as of February 20, 2026:

Promoters & Promoter Group:

Non-Promoter Categories:

Company's Clarification

Almondz Global Securities emphasized that this clarification pertains solely to shareholding pattern disclosure and does not impact the validity or outcome of resolutions approved by shareholders at the EGM. The revised shareholding pattern assumes full exercise of warrants into equity shares, excluding any issue of equity shares on account of employee stock options.

Regulatory Compliance

The revised shareholding pattern has been submitted to both stock exchanges and will be made available on the company's website for stakeholder information. This action demonstrates the company's commitment to maintaining accurate disclosure standards and promptly addressing regulatory observations to ensure transparency in corporate governance practices.