Almondz Global Securities Limited has informed stock exchanges that their application for a Composite Scheme of Arrangement has been returned by the Membership Department. The development marks a setback in the company's proposed restructuring initiative that had received board approval several months earlier.

Application Timeline and Process

The company's regulatory filing reveals a clear timeline of events related to the scheme application:

The Board of Directors had originally approved the proposed Composite Scheme of Arrangement on September 11, 2025, following which the company filed the necessary documentation with stock exchanges seeking required approvals.

Regulatory Compliance and Disclosure

The company fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was formally communicated to both BSE Limited and National Stock Exchange of India Limited on January 23, 2026.

Key regulatory details include:

• Filing Reference: agsl/corres/Bse-Nse/25-26/0048
• Signatory: Ajay Pratap, Director Legal & Corporate Affairs & Company Secretary
• Digital Signature Date: January 23, 2026, 17:52:05 +05'30'
• Director Identification Number: 10805775

Current Status

The regulatory filing does not specify the reasons behind the Membership Department's decision to return the application. The company has simply stated that the application "has been returned by the Membership Department of the Exchange" without providing additional details about potential next steps or remedial measures.

This development effectively halts the progress of the Composite Scheme of Arrangement that was initially approved by the company's board in September 2025. The scheme's future implementation will likely depend on addressing the concerns that led to the application's return.

Almondz Global Securities Limited has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing a significant improvement in its consolidated performance.

Key Financial Highlights

Consolidated Performance

Almondz Global Securities reported a robust growth in its consolidated net profit for Q2 FY2026, which increased by 46.04% to Rs 387.00 lakh, compared to Rs 265.00 lakh in the same quarter of the previous year. For the half-year, the consolidated net profit showed a significant improvement of 23.23%, reaching Rs 1,077.00 lakh.

The consolidated revenue from operations for Q2 FY2026 stood at Rs 3,373.00 lakh, marginally lower than the Rs 3,401.00 lakh reported in Q2 FY2025. However, for the half-year period, the company witnessed a 3.38% growth in consolidated revenue, reaching Rs 6,580.00 lakh.

Standalone Performance

On a standalone basis, Almondz Global Securities reported a net profit of Rs 60.00 lakh for Q2 FY2026, slightly lower than the Rs 61.00 lakh reported in the same period last year. However, for the half-year, the standalone net profit showed a substantial increase of 60.53%, reaching Rs 183.00 lakh.

The standalone revenue from operations for Q2 FY2026 was Rs 751.00 lakh, down by 13.38% compared to Rs 867.00 lakh in Q2 FY2025. For the half-year, standalone revenue decreased by 10.45% to Rs 1,551.00 lakh.

Segment-wise Performance

The company operates across three main segments:

1. Debt and equity market operations
2. Consultancy and advisory fees
3. Wealth advisory/broking activities

In the consolidated results for Q2 FY2026:

• Consultancy and advisory fees emerged as the top revenue generator, contributing Rs 2,761.00 lakh.
• Wealth Advisory / Broking activities contributed Rs 398.00 lakh.
• Debt and equity market operations added Rs 202.00 lakh to the revenue.

Other Financial Metrics

• Basic earnings per share on a consolidated basis stood at Rs 0.22 for Q2 FY2026, compared to Rs 0.16 in Q2 FY2025.
• The company's total assets as of September 30, 2025, were Rs 36,675.00 lakh on a consolidated basis.

Management Commentary

The board meeting to approve these results was held on November 11, 2025, and the results were reviewed by statutory auditors Mohan Gupta & Co. The management expressed satisfaction with the company's performance, particularly highlighting the strong growth in consolidated profits despite challenging market conditions.

Almondz Global Securities continues to focus on its core competencies in financial services, aiming to leverage its expertise across various segments to drive sustainable growth in the coming quarters.

Investors and stakeholders are advised to consider these results in the context of overall market conditions and the company's long-term strategies for growth and value creation.