Almondz Global Securities Limited — Important, 01-08-2025: General Updates

Almondz Global Securities' subsidiary, Almondz Global Infra-Consultant Limited (AGICL), is no longer wholly owned. AGICL allotted 33.19 lakh equity shares for ~Rs 15 Cr to parent company Avonmore Capital, converting a loan to equity. This diluted Almondz Global's stake in AGICL to 79.15%. AGICL is a significant contributor, with an income of ~Rs 114.87 Cr (76% of total) and net worth of ~Rs 36.59 Cr (15% of total) as of March 2025. This move signals a financial restructuring within the group.