StockWatch
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Non Banking Financial Company (NBFC)
Shareholding31 Aug 2026, 04:09 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 disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicates an open market purchase of 20,000 shares. This transaction increases Innovative Money Matters' total shareholding to 33.53% of the total share capital. The acquisition was executed on August 28, 2026. Avonmore Capital & Management Services Ltd is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Key Highlights

  • Innovative Money Matters acquired 20,000 shares in Avonmore Capital.
  • The acquisition was made through the open market.
  • Shareholding of Innovative Money Matters increased to 33.53%.
  • Disclosure filed under SEBI Takeover Regulations.
  • Transaction date was August 28, 2026.