Investment1 Aug 2025, 03:58 pm
Avonmore Capital Acquires 20.85% Stake in Almondz Global Infra-Consultant Limited for Rs. 45.19 per Share
AI Summary
Avonmore Capital & Management Services Ltd. has acquired a 20.85% stake in Almondz Global Infra-Consultant Limited (AGICL), a step-down subsidiary, through the allotment of 33,19,318 equity shares at a price of Rs. 45.19 per share. AGICL is an ISO 9001:2015 certified company providing consultancy services in various infrastructure sectors. The company's turnover for the last three financial years is as follows: 2024-25 - Rs. 11,482.96 lacs, 2023-24 - Rs. 7,337.23 lacs, and 2022-23 - Rs. 4,015.31 lacs.
Key Highlights
- Avonmore Capital has acquired a 20.85% stake in Almondz Global Infra-Consultant Limited.
- The acquisition was made through the allotment of 33,19,318 equity shares at a price of Rs. 45.19 per share.
- Almondz Global Infra-Consultant Limited is an ISO 9001:2015 certified company providing consultancy services in various infrastructure sectors.
- The company's turnover for the last three financial years is Rs. 11,482.96 lacs (2024-25), Rs. 7,337.23 lacs (2023-24), and Rs. 4,015.31 lacs (2022-23).