Avonmore Capital & Management Services
12.12
-0.16(-1.30%)
Market Cap₹342.01 Cr
PE Ratio9.34
Company Performance:
1D-1.30%
1M+0.33%
6M-32.02%
1Y-45.99%
5Y+64.90%
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More news about Avonmore Capital & Management Services
11Sept 25
Avonmore Capital Unveils Complex Restructuring Scheme: Demerger and Multiple Amalgamations
Avonmore Capital & Management Services Limited has approved a comprehensive restructuring plan involving the demerger of Almondz Global Securities Limited's broking business and multiple amalgamations within the group. The scheme aims to streamline operations and comply with regulatory requirements. Key components include transferring the broking business to Almondz Broking Services Limited and amalgamating several group companies with Avonmore Capital. The restructuring will result in significant changes to Avonmore Capital's shareholding pattern, with promoter stake decreasing from 58.38% to 45.40% and public shareholding increasing from 41.62% to 54.60%. The plan is subject to various regulatory approvals.
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09Sept 25
Avonmore Capital's Joint Venture Forms Rs 500 Crore Strategic Alliance for Innovative Waste-to-Value Platform
Avonmore Capital & Management Services' step-down joint venture, Premier Green Innovations Private Limited (PGIPL), has partnered with Entity 1 Value Emission Pvt Ltd to develop waste-to-value platforms using Microbial Electrochemical Cell (MECC) technology. The alliance plans to invest Rs 500 crore over three years to build an alternative refinery, producing bio-based products like hydrogen, methanol, and ethyl acetate. The first MECC reactor has been installed at PGIPL's Kangra site for trial production. The project aims to reduce greenhouse gas emissions, improve waste management, create jobs, and enhance energy access in India.
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09Sept 25
Avonmore Capital Holds EGM to Approve Issuance of 3.77 Crore Convertible Warrants
Avonmore Capital & Management Services Limited held an EGM on September 9, 2025, to seek shareholder approval for issuing 3,77,00,000 convertible warrants at Rs. 19.85 each to promoter and promoter group members. The warrants, with a face value of Rs. 1, are convertible into equity shares. The meeting was conducted via video conferencing, chaired by Mr. Govind Prasad Agrawal. Shareholders could vote through remote e-voting and during the EGM. The company will submit voting results and the scrutinizer's report separately.
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18Aug 25
Avonmore Capital Seeks Shareholder Approval for Rs 74.83 Crore Warrant Issue to Promoters
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.
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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.
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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.
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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%.
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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.
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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.
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1 Year Returns:-45.99%
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