StockWatch
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Non Banking Financial Company (NBFC)
Shareholding28 Aug 2026, 11:44 am

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, made through the open market on August 27, 2026, involved 20,707 shares, representing 0.01% of the total share capital. Following this transaction, Innovative Money Matters Private Limited's total holding in Avonmore Capital & Management Services Ltd. increased to 94,604,785 shares, amounting to 33.52% of the total share capital. The company is a promoter of Avonmore Capital & Management Services Ltd. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Innovative Money Matters acquired 20,707 shares in Avonmore Capital.
  • The acquisition represents a 0.01% increase in shareholding.
  • Total holding of Innovative Money Matters now stands at 33.52%.
  • The transaction was conducted via the open market.
  • Disclosure made as per SEBI (SAST) Regulations, 2011.