Almondz Global Securities Receives In-Principle Approval for Promoter Preferential Issue
Almondz Global Securities Limited has secured in-principle approval from major stock exchanges concerning a proposed preferential issue. The financing move involves converting an unsecured loan into equity shares for company promoters.The preferential issue includes the issuance of 1,63,18,538 Equity Shares of Rs. 1/- each. These shares are intended to be issued to promoters against the conversion of an unsecured loan amounting to Rs. 25,00,00,000 on a preferential basis. The issue stipulates that the price per equity share must be no less than Rs. 15.32/-.
The company received the in-principle approvals for this security from both BSE Limited and National Stock Exchange of India Limited (NSE). The approval from BSE Limited was granted on July 23, 2026, while NSE provided its sanction earlier on June 23, 2026.
ALMONDZ Stock Price Movement
As of 11:33 AM, shares of Almondz Global Securities Limited are slipping by 0.15% in live trading, currently valued at ₹12.96 after shedding ₹0.02 per share. The stock has seen a traded volume of 13,966 shares so far during the ongoing market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.