Avonmore Capital & Management Services Ltd. Approves Scheme of Amalgamation with Subsidiary Companies
Avonmore Capital & Management Services Limited (ACBMSL) announced the approval of a Draft Scheme of Amalgamation, consolidating several wholly-owned subsidiary companies into its structure. The Board of Directors approved the scheme in a meeting held on July 31, 2026.The proposed amalgamation involves ACBMSL and four transferor entities: Almondz Finanz Limited, Apricot Infosoft Private Limited, Avonmore Developer Private Limited, and Anemone Holdings Private Limited. These companies are being amalgamated with ACBMSL, which serves as the Transferee Company in the transaction.
The move is intended to simplify the corporate structure and reduce costs through rationalization, standardization, and simplification of business processes across the group entities. ACBMSL itself operates as a non-deposit taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI), specializing in long term strategic investments and Non-Banking Finance Activities.
The transferor companies were all wholly owned subsidiaries of the company, which will be amalgamated into the holding entity. As a result of the scheme, there will be no change in the shareholding pattern of the listed entity, nor will any shares of ACBMSL be allotted to the transferor companies upon the scheme becoming effective. The entire Issued, Subscribed and Paid-up Share Capital of the Transferor Companies is set to be cancelled and extinguished.
Details regarding the participating entities are provided below:
| Entity Name | Paid-up Share Capital as on March 31, 2026 | Turnover (standalone) for the year ended March 31, 2026 (In Lakhs) |
|---|---|---|
| Capital Management | Rs. 28,86,93,000 | Rs. 1079.82 |
| Finanz Ltd | Rs. 30,00,000,00 | Rs. 623.10 |
| Infosoft Limited | Rs. 3,00,00,000 | Rs. (5.45) |
| Developer | Rs. 8,50,00,000 | Rs. (108.41) |
| Holdings | Rs. 1,00,000 | Rs. 535.21 |
AVONMORE Stock Price Movement
Today, Avonmore Capital & Management Services Limited shares edged higher to close at ₹11.17, after gaining 0.18%. The stock recorded a traded volume of 405,646 shares during the 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.
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