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Avonmore Capital board approves amalgamation of four subsidiaries to simplify corporate structure
31-Jul-2026, 03:59
Avonmore Capital & Management Services Limited announced that its board of directors approved a draft scheme of amalgamation involving Almondz Finanz Limited, Apricot Infosoft Private Limited, Avonmore Developer Private Limited, and Anemone Holdings Private Limited with Avonmore Capital & Management Services Limited, pursuant to Sections 230 to 232 of the Companies Act, 2013. The transferor companies are wholly-owned subsidiaries of Avonmore Capital, and the amalgamation is expected to simplify the corporate structure and reduce costs through rationalization and standardization of business processes, with no change in shareholding pattern.
Avonmore Capital & Management Services Limited announced that its board of directors approved a draft scheme of amalgamation involving Almondz Finanz Limited, Apricot Infosoft Private Limited, Avonmore Developer Private Limited, and Anemone Holdings Private Limited with Avonmore Capital & Management Services Limited, pursuant to Sections 230 to 232 of the Companies Act, 2013. The transferor companies are wholly-owned subsidiaries of Avonmore Capital, and the amalgamation is expected to simplify the corporate structure and reduce costs through rationalization and standardization of business processes, with no change in shareholding pattern.