StockWatch
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Non Banking Financial Company (NBFC)
Shareholding7 Sept 2026, 12:32 pm

Innovative Money Matters Increases Avonmore Capital Stake by 0.03%

AI Summary

Innovative Money Matters Private Limited has disclosed a substantial acquisition of shares in Avonmore Capital & Management Services Ltd. The filing, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicates an increase in Innovative Money Matters' shareholding. The acquisition, executed via the open market on September 4th, 2026, involved 68,997 shares, representing a 0.03% increase in voting capital. Following this transaction, Innovative Money Matters now holds 94,818,782 shares, constituting 33.60% of the total share capital of Avonmore Capital & Management Services Ltd. The company has confirmed its promoter status.

Key Highlights

  • Innovative Money Matters acquired 68,997 shares of Avonmore Capital.
  • The acquisition represents a 0.03% increase in voting capital.
  • Innovative Money Matters' total holding is now 33.60% of Avonmore Capital.
  • The transaction was conducted through the open market.
  • The acquirer is classified as a promoter.