Key Quantitative Figures
Standalone Financial Results (Q1 FY27):
- Total Income: ₹233 lakh
- Revenue from Operations: ₹233 lakh
- Interest Income: ₹190 lakh
- Net gain on fair value changes: ₹2 lakh
- Others: ₹1 lakh
- Total Expenses: ₹208 lakh
- Finance costs: ₹141 lakh
- Employee benefits expense: ₹20 lakh
- Depreciation: ₹3 lakh
- Other expenses: ₹48 lakh
- Profit before tax: ₹25 lakh
- Tax expense: ₹1 lakh
- Net Profit for period: ₹24 lakh
- Basic & Diluted EPS: ₹0.01
- Paid-up Equity Share Capital: ₹2887 lakh (28.87 crore shares of ₹1 face value)
Consolidated Financial Results (Q1 FY27):
- Total Income: ₹4970 lakh
- Revenue from Operations: ₹4952 lakh
- Total Expenses: ₹3769 lakh
- Profit before tax: ₹1201 lakh
- Share of profit from equity accounted investees: ₹571 lakh
- Profit before tax (after share): ₹1772 lakh
- Tax expense: ₹55 lakh
- Net Profit for period: ₹1717 lakh
- Attributable to owners: ₹1139 lakh
- Attributable to non-controlling interest: ₹578 lakh
- Basic & Diluted EPS: ₹0.40
Amalgamation Entity Financials (as of March 31, 2026):
- Avonmore Capital (Transferee): Paid-up capital ₹2886.93 lakh, Turnover ₹1079.82 lakh
- Almondz Finanz (Transferor 1): Paid-up capital ₹3000.00 lakh, Turnover ₹623.10 lakh
- Apricot Infosoft (Transferor 2): Paid-up capital ₹(5.45) lakh
- Avonmore Developer (Transferor 3): Paid-up capital ₹850.00 lakh, Turnover ₹(108.41) lakh
- Anemone Holdings (Transferor 4): Paid-up capital ₹1.00 lakh, Turnover ₹535.21 lakh
Dates of Action
- Board Meeting: July 31, 2026 (12:30 p.m. to 1:35 p.m.)
- Quarter Ended: June 30, 2026
- Previous Intimation: July 24, 2026
Parties Involved
- Transferor Companies: Almondz Finanz Limited, Apricot Infosoft Private Limited, Avonmore Developer Private Limited, Anemone Holdings Private Limited
- Transferee Company: Avonmore Capital & Management Services Limited
- Statutory Auditors: M/s Mohan Gupta & Co., Chartered Accountants
- Regulatory Authorities: BSE Ltd., National Stock Exchange of India Ltd., SEBI
Purpose and Rationale
The amalgamation aims to simplify corporate structure and reduce costs through more focused operational efforts, rationalization, standardization, and simplification of business processes. The transferor companies are wholly-owned subsidiaries of the transferee company.
Financial and Operational Impact
- No change in shareholding pattern of listed entity
- No shares will be allotted in exchange for the amalgamation (wholly-owned subsidiaries)
- Entire issued, subscribed and paid-up share capital of transferor companies will stand cancelled and extinguished
- Exempt from related party transaction requirements under Regulation 23(5)(b) of Listing Regulations
Segment-wise Performance (Standalone Q1 FY27):
- Debt and equity market operations: Revenue ₹43 lakh, Profit ₹8 lakh
- Finance activities: Revenue ₹190 lakh, Profit ₹17 lakh
- Total Segment Assets: ₹27,808 lakh
- Total Segment Liabilities: ₹9,641 lakh
Segment-wise Performance (Consolidated Q1 FY27):
- Infra Activities: Revenue ₹2853 lakh, Profit ₹248 lakh
- Debt and equity market operations: Revenue ₹1080 lakh, Profit ₹750 lakh
- Corporate Activities: Revenue ₹334 lakh, Profit ₹57 lakh
- Wealth Advisory/Broking: Revenue ₹326 lakh, Profit ₹48 lakh
- Finance activities: Revenue ₹342 lakh, Profit ₹172 lakh
- Total Segment Assets: ₹64,615 lakh
- Total Segment Liabilities: ₹12,022 lakh
Auditor Review
M/s Mohan Gupta & Co. issued limited review reports for both standalone and consolidated financial results, stating nothing came to their attention suggesting material misstatement.
Additional Information
- The company is registered as a Systemically Important Non-Banking Financial Company (Non-Deposit) under Section 45 IA of RBI Act, 1934
- Company acts as primary holding and investment company focusing on new business opportunities
- Financial results prepared in accordance with Ind-AS
- Results reviewed and recommended by Audit Committee