Latest news about Avonmore Capital & Management Services
Avonmore Capital Seeks Shareholder Approval for Rs 74.83 Crore Warrant Issue to Promoters Aug 18, 2025
Avonmore Capital & Management Services Limited plans to raise up to Rs 74.83 crore through a preferential issue of 3.77 crore convertible warrants at Rs 19.85 per warrant to promoter and promoter group entities. The warrants are convertible into equity shares within 18 months at a 1:1 ratio. Funds will be used for NBFC operations expansion, strategic investments, working capital, and corporate purposes. Post-conversion, promoter group shareholding is expected to increase from 58.46% to 63.36%. Shareholder approval will be sought at an EOGM scheduled for September 9, 2025.
Avonmore Capital Approves Rs. 74.83 Crore Fundraising via Convertible Warrants Aug 13, 2025
Avonmore Capital: Navjeet Singh Sobti (HUF) Boosts Stake to 0.07% Aug 08, 2025
Avonmore Capital Schedules Board Meeting to Consider Fund Raising, Promoter Group Acquires Stake Aug 07, 2025
Avonmore Capital Acquires 20.85% Stake in Almondz Global Infra-Consultant Aug 01, 2025
More news about Avonmore Capital & Management Services
31Jul 25
Avonmore Capital Approves Q1 FY26 Results and Appoints New Secretarial Auditor
Avonmore Capital & Management Services Limited's Board of Directors approved unaudited Q1 FY2025-26 financial results on July 31, 2025. The board also appointed M/s Neeraj Gupta & Associates as the new secretarial auditor for a five-year term, subject to shareholder approval. The meeting lasted from 12:00 p.m. to 1:55 p.m., adhering to SEBI regulations for disclosure and compliance.