Almondz Global Securities Ltd. seeks shareholder approval via EOGM to issue 16.32 million equity shares to promoter Avonmore Capital at ₹15.32 per share.
The ₹25 crore capital raise involves converting existing unsecured loan into equity, increasing promoter holding from 50.34% to 52.40% post-issuance.
The preferential issue follows SEBI ICDR Regulations with price based on 90-day VWAP and requires regulatory approvals including stock exchange in-principle consent.
Shareholders can vote remotely from May 8-10, 2026, with EOGM scheduled for May 11 via video conference as per MCA/SEBI COVID-19 guidelines.