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.
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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.
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.