StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding20 Aug 2026, 11:21 am

Innovative Money Matters Acquires 0.02% 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 SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, indicates that Innovative Money Matters, identified as a promoter, acquired 60,831 shares through open market transactions. This acquisition represents a 0.02% increase in their shareholding, bringing their total stake to 33.40%. The transaction occurred on August 19, 2026, with the total equity share capital of Avonmore Capital remaining unchanged at 282,184,741 shares.

Key Highlights

  • Innovative Money Matters acquired 60,831 shares in Avonmore Capital.
  • The acquisition represents a 0.02% increase in shareholding.
  • Innovative Money Matters is classified as a promoter.
  • The total shareholding of the acquirer now stands at 33.40%.
  • The transaction was executed via open market purchases.