StockWatch
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Non Banking Financial Company (NBFC)
Acquisitions13 Apr 2026, 03:35 pm

Avonmore Capital completes 100% acquisition of EGE Consultant

AI Summary

Avonmore Capital & Management Services Ltd has successfully completed the acquisition of a 100% stake in Excelling Geo & Engineering Consultant Private Limited (EGE Consultant Pvt. Ltd) on Monday, April 13, 2026. This follows earlier intimations regarding the transaction. With the completion of the Share Purchase Agreement (SPA) and fulfillment of all stipulated conditions, EGE Consultant Pvt. Ltd has officially become a wholly-owned subsidiary of Avonmore Capital & Management Services Ltd, effective from April 13, 2026. Further details were previously disclosed on April 10, 2026.

Key Highlights

  • Avonmore Capital completed 100% acquisition of EGE Consultant.
  • EGE Consultant is now a wholly-owned subsidiary.
  • Acquisition finalized on April 13, 2026.
  • All Share Purchase Agreement conditions were met.