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 successfully concluded its board meeting on April 10, 2026, approving a significant equity share issuance through conversion of existing unsecured loan to its promoter entity.

Board Meeting Outcome

The board meeting, held on Friday, April 10, 2026, from 1:00 PM to 1:35 PM, resulted in approval of key corporate actions in compliance with Regulation 30 of SEBI Listing Regulations. The decisions were communicated to stock exchanges through official intimation ref: agsl/corres/Bse/Nse/26-27/0005.

Equity Share Issuance Approval

The board approved issuance of up to 1,63,18,538 fully paid-up equity shares with face value of Rs 1.00 each at an issue price of Rs 15.32 per share, including a premium of Rs 14.32 per share. The total transaction value aggregates up to Rs 25,00,00,000 through conversion of existing unsecured loan.

Promoter Shareholding Impact

The preferential allotment to promoter Avonmore Capital & Management Services Limited will result in changes to shareholding pattern. Post-allotment, the promoter's holding will increase from 8,74,08,454 shares (50.34%) to 10,37,26,995 shares (52.40%), considering the proposed allotment of 80,00,000 warrants approved by shareholders on March 27, 2026.

EGM Scheduled for Shareholder Approval

The board has approved convening an Extra-Ordinary General Meeting (EGM) on Monday, May 11, 2026, at 11:30 AM through Video Conferencing/Other Audio-Visual Means to seek shareholder approval for the proposed equity share issuance. The transaction requires compliance with Section 42 and Section 62 of Companies Act, 2013, SEBI ICDR Regulations, and other applicable laws.

The detailed disclosure has been prepared in adherence to Regulation 30 of Listing Regulations and SEBI Master Circular dated January 30, 2026. The notification was signed by Ajay Pratap, Director Legal & Corporate Affairs & Company Secretary (DIN: 10805775), and is available on the company's website at www.almondzglobal.com .