Almondz Global Securities Approves Scheme of Arrangement

Almondz Global Securities Ltd announced that its Board of Directors has approved a Scheme of Arrangement involving the demerger of its Infrastructure Advisory Business into a separate entity, Almondz Global Infra – Consultant Limited. This restructuring aims to create focused management for each business line, separating the infrastructure consultancy from the stock broking and wealth advisory services. The scheme is subject to approvals from the National Company Law Tribunal, shareholders, and creditors. The company also approved the Directors' Report for FY 2025-26 and fixed September 30, 2026, as the date for its Annual General Meeting. The demerged undertaking's turnover for FY 2025-26 was INR 292.01 Lakhs, representing 4.58% of the company's standalone total turnover.