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Incorporated in 1994, Almondz Global Securities Ltd provides financial advisory and consultancy services
Almondz Global Securities approved its Q1 financial results. Standalone net profit rose to 4.81 Cr on 14.22 Cr revenue. Consolidated net profit reached 12.53 Cr with 44.50 Cr revenue, showing strong growth from last year.
Almondz Global Securities allotted 16,318,538 equity shares to promoter Avonmore Capital. This converts a Rs. 25 Cr unsecured loan into equity at Rs. 15.32/share, strengthening the balance sheet and boosting promoter holding.
Almondz Global secured Rs. 3.32 Cr initially by allotting 80 lakh fully convertible warrants at Rs. 16.58 each to a non-promoter. These warrants, if fully converted, could infuse Rs. 13.26 Cr and increase equity shares.
Almondz Global Securities allotted 1,253,002 equity shares under its ESOP Scheme. This increased the company's paid-up share capital by Rs. 0.13 Cr, raising the total to Rs. 17.49 Cr. This reflects employee participation.
Almondz Global Securities confirms it does not meet 'Large Corporate' criteria for SEBI's debt fundraising framework. Outstanding long-term borrowings are ₹0.76 Cr, well below the ₹1,000 Cr threshold, clarifying its regulatory compliance status.