StockWatch
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Non Banking Financial Company (NBFC)
Shareholding1 Sept 2026, 10:51 am

Innovative Money Matters Acquires 0.02% Stake in Avonmore Capital

AI Summary

Innovative Money Matters Private Limited has disclosed an acquisition of 60,000 shares, representing 0.02% of the total share capital, in Avonmore Capital & Management Services Ltd. This transaction, executed via the open market on August 31, 2026, increases Innovative Money Matters' total holding to 33.55%. The company is identified as a promoter, and this disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Avonmore Capital remains unchanged at 28,21,84,741 shares.

Key Highlights

  • Innovative Money Matters acquired 60,000 shares in Avonmore Capital.
  • The acquisition represents a 0.02% stake in the company.
  • Innovative Money Matters is a promoter of Avonmore Capital.
  • The total holding of the acquirer now stands at 33.55%.
  • The transaction was conducted on the open market.