Avonmore Capital & Management Services Limited — Dividend/Bonus, 06-12-2024: Record Date

Avonmore Capital & Management Services Ltd. has announced a board meeting to approve a rights issue, offering 4,86,56,708 fully paid-up equity shares at ₹10 each (including a premium of ₹9), totaling up to ₹49 crore. The record date is set for December 12, 2024. The rights issue period will open on December 23, 2024, and close on January 6, 2025, with a renunciation period beginning December 30, 2024. The shareholding structure will change from 23,35,32,200 to 28,21,88,908 shares post-issue, assuming full subscription. The entitlement ratio is 5 Rights Shares for every 24 shares held.