Avonmore Capital & Management Services Limited — Others, 13-12-2024: Corrigendum

Avonmore Capital & Management Services Ltd. has announced a board meeting to address a corrigendum related to the recently approved Rights Issue. Due to a minor computational error, the number of Rights Equity Shares has been adjusted to 4,86,52,541, and the issue size revised to ₹48.65 crore. Additionally, the post-Rights Issue outstanding equity shares are now noted as 28,21,84,741. This correction, while minor, maintains the overall terms of the Rights Issue, which may reassure investors of the company's transparency. The impact is neutral, with a continued positive outlook on the company’s future capital structure.