Avonmore Capital Seeks Shareholder Approval for Rs 74.83 Crore Warrant Issue to Promoters Aug 18, 2025
More news about Avonmore Capital & Management Services
13Aug 25
Avonmore Capital Approves Rs. 74.83 Crore Fundraising via Convertible Warrants
Avonmore Capital & Management Services Limited plans to raise Rs. 74.83 crore by issuing 3,77,00,000 convertible warrants at Rs. 19.85 each to promoters and promoter group entities. The warrants are convertible into equity shares within 18 months of allotment. Innovative Money Matters Pvt Ltd will receive the largest allocation, potentially increasing its stake to 38.05%. The company has scheduled an EGM for September 9, 2025, to seek shareholder approval for this initiative.
08Aug 25
Avonmore Capital: Navjeet Singh Sobti (HUF) Boosts Stake to 0.07%
Navjeet Singh Sobti (HUF) acquired 75,000 shares of Avonmore Capital & Management Services, increasing their stake from 0.05% to 0.07%. The company announced a board meeting on August 13 to consider raising funds through equity shares or convertible warrants via preferential allotment and to discuss convening an EGM for shareholder approval. The trading window for insiders has been closed until 48 hours after the board meeting outcome is declared.
07Aug 25
Avonmore Capital Schedules Board Meeting to Consider Fund Raising, Promoter Group Acquires Stake
Avonmore Capital & Management Services Ltd has scheduled a board meeting on August 13, 2025, to consider fund raising through preferential allotment. The company has closed its trading window for designated persons until 48 hours after the meeting outcome is disclosed. Additionally, Navjeet Singh Sobti (HUF), a promoter group entity, has acquired a 0.05% stake (140,000 shares) in the company through an open market purchase, increasing their shareholding from 0% to 0.05%.
01Aug 25
Avonmore Capital Acquires 20.85% Stake in Almondz Global Infra-Consultant
Avonmore Capital & Management Services Limited has acquired a 20.85% stake in its step-down subsidiary, Almondz Global Infra-Consultant Limited (AGICL), through the allotment of 33,19,318 equity shares at Rs. 45.19 per share. The acquisition was executed by converting an outstanding loan into equity share capital. AGICL, an ISO 9001:2015 certified company, specializes in infrastructure advisory services across various sectors. The company's turnover has grown significantly, reaching Rs. 11,482.96 lacs in 2024-25 from Rs. 4,015.31 lacs in 2022-23.
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.