
Almondz Global EGM to approve ₹25 Cr preferential issue to promoter
Almondz Global Securities Ltd will hold an Extra-Ordinary General Meeting (EGM) on Monday, May 11, 2026, at 11:30 A.M. via Video Conference/Other Audio Visual Means. The EGM is convened to approve a special resolution for the preferential allotment of up to 16,318,538 fully paid-up equity shares to the promoter, Avonmore Capital & Management Services Limited. These shares, with a face value of ₹1 each, will be issued at an issue price of ₹15.32 per share, aggregating to ₹25,00,00,000/- (₹25 Crore). This issuance will be done by converting an existing unsecured loan into equity shares. The new shares will rank pari-passu with existing equity shares and will be listed on BSE and NSE. The relevant date for this preferential issue is April 10, 2026.
Key Highlights
- EGM scheduled for May 11, 2026, to approve special business.
- Shareholders to consider ₹25 Cr preferential issue to promoter.
- 16.32 million equity shares to be allotted at ₹15.32 each.
- Issue converts existing unsecured loan into equity shares.
- New shares will rank pari-passu and be listed on BSE & NSE.
Price Impact
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