Announced Fri, 8 Aug · 18:14 IST

Innovative Money Matters Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 29 (2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Stake BuyOwnership Changes View source PDF

AVONMORE · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Innovative Money Matters Private Limited (IMMPL), a promoter of Avonmore Capital & Management Services, has filed a SEBI Regulation 29(2) disclosure reporting a very small change of 25,000 shares (0.01%) in its holding, acquired through the open market on August 7, 2025. Before the transaction, IMMPL held 9,34,79,900 shares representing 33.12% of the company; after the transaction, it holds around 33.13%. Total equity share capital of the company is Rs. 28,21,84,741 (28.21 crore shares). The disclosure notes a minor reconciliation in the before/after share counts within the filing, but the promoter's effective stake remains broadly unchanged at approximately one-third of the company.

Likely market impact

This is a routine, non-material disclosure. The change in promoter holding is negligible (0.01%) and unlikely to have any meaningful effect on the stock price or shareholder interests. Investors should note that the promoter group continues to hold about 33% of the company, well below majority control.