StockWatch
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Non Banking Financial Company (NBFC)
Shareholding18 Sept 2026, 05:30 pm

Innovative Money Matters Acquires 0.02% Stake in Avonmore Capital

AI Summary

Innovative Money Matters Private Limited has disclosed an acquisition of 50,000 shares, representing 0.02% of the total share capital, in Avonmore Capital & Management Services Ltd. This transaction was conducted via the open market. Following this acquisition, Innovative Money Matters Private Limited's total holding in Avonmore Capital & Management Services Ltd. now stands at 95,330,243 shares, which is 33.78% of the total share capital. The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Innovative Money Matters acquired 50,000 shares in Avonmore Capital.
  • The acquisition represents a 0.02% increase in shareholding.
  • Total holding of Innovative Money Matters now stands at 33.78%.
  • The transaction was executed through the open market.
  • Disclosure filed under SEBI Takeover Regulations.