StockWatch
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Non Banking Financial Company (NBFC)
Shareholding26 Aug 2026, 01:29 pm

Innovative Money Matters Acquires 0.01% Stake in Avonmore Capital

AI Summary

Innovative Money Matters Private Limited has disclosed a substantial acquisition of shares in Avonmore Capital & Management Services Ltd. The acquisition, executed via the open market on August 25, 2026, involved 35,000 shares, representing a 0.01% increase in voting capital. Following this transaction, Innovative Money Matters Pvt Ltd now holds 94,495,078 shares, equating to 33.48% of the total share capital. The company is classified as a promoter, and this disclosure is made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Innovative Money Matters acquired 35,000 shares in Avonmore Capital.
  • The acquisition represents a 0.01% increase in voting capital.
  • Post-acquisition, the acquirer holds 33.48% of Avonmore Capital.
  • The transaction was conducted through the open market.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.