Almondz Global Securities Limited has informed the Exchange regarding 'Clarification on Shareholding Pattern pursuant to NSEObservation'.
ALMONDZ · price
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Almondz Global Securities Limited has issued a clarification to NSE and BSE regarding its Shareholding Pattern disclosure related to a proposed preferential issue of convertible warrants approved by shareholders at an EGM on March 27, 2026. NSE observed that 15,078,408 equity shares proposed to be allotted had been incorrectly reflected in the pre-issue shareholding pattern, even though they were not allotted as on the notice date. The company has since withdrawn that proposed allotment and is submitting a revised pre- and post-issue Shareholding Pattern. The revised pattern shows total shares of 173,637,754 pre-issue and 181,637,754 post-issue, with promoter holding (led by Avonmore Capital at 50.34% pre-issue) diluting from 51.18% to 48.93%, and a new investor Nandakumar Padma subscribing to 8,009,000 shares (4.41%) post-issue. The company has confirmed this is purely a disclosure correction and does not impact the validity of the EGM resolutions.
This is a procedural compliance correction with no material impact on the company's business or on resolutions passed at the EGM. Promoter shareholding will see a modest dilution of about 2.25 percentage points post-issue due to the entry of a new investor, which is typical for a preferential allotment. Investors should not expect any negative price reaction from this clarification.