Avonmore Capital Eyes ₹60 Cr Fundraise via NCDs

Avonmore Capital & Management Services Ltd announced that its Board of Directors has approved in-principle the raising of funds up to ₹60 crore through the issuance of unlisted, secured, and redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The Board also approved the Notice of the Annual General Meeting and the Directors' Report for the financial year ended March 31, 2026. The Annual General Meeting is scheduled for Wednesday, September 30, 2026. Powers related to the NCD issuance have been delegated to the Committee of Further Issue of Securities.