Almondz Global Securities Limited's board approved equity share issuance of up to 1,50,78,408 shares worth Rs. 25,00,00,000 to promoter Avonmore Capital through loan conversion at Rs. 16.58 per share, increasing their stake from 50.34% to 54.30%. The board also approved 80,00,000 convertible warrants worth Rs. 13,26,40,000 to non-promoter Mrs. Nandakumar Padma at Rs. 16.58 per warrant, convertible within 18 months. Both proposals are subject to shareholder and regulatory approvals.
Almondz Global Securities Approves Equity Share Issuance and Warrant Conversion Worth Rs. 38.26 Crore
Almondz Global Securities Limited's board of directors has approved two major capital-raising initiatives worth Rs. 38.26 crore during their meeting held on February 25, 2026. The board meeting, which commenced at 1:00 PM and concluded at 1:55 PM, focused on equity share issuance through loan conversion and warrant issuance for fundraising purposes.
Equity Share Issuance Through Loan Conversion
The board approved the issuance of up to 1,50,78,408 fully paid-up equity shares with a face value of Rs. 1 each to promoter Avonmore Capital & Management Services Limited. The shares will be issued at Rs. 16.58 per equity share, including a premium of Rs. 15.58 per share, aggregating up to Rs. 25,00,00,000.
Parameter: Details Number of Shares: 1,50,78,408 Face Value: Rs. 1 per share Issue Price: Rs. 16.58 per share Premium: Rs. 15.58 per share Total Amount: Rs. 25,00,00,000 Allottee: Avonmore Capital & Management Services Limited
This issuance represents a conversion of existing unsecured loans into equity shares under Section 62(3) of the Companies Act, 2013. The conversion will increase Avonmore Capital's shareholding from 8,74,08,454 shares (50.34%) to 10,24,86,862 shares (54.30%).
Convertible Warrants Issuance
The board also approved the issuance of up to 80,00,000 fully convertible warrants with a face value of Re. 1 each at an issue price of Rs. 16.58 per warrant. The warrants include a securities premium of Rs. 15.58 each, aggregating up to Rs. 13,26,40,000.
Parameter: Details Number of Warrants: 80,00,000 Face Value: Re. 1 per warrant Issue Price: Rs. 16.58 per warrant Premium: Rs. 15.58 per warrant Total Amount: Rs. 13,26,40,000 Allottee: Mrs. Nandakumar Padma (Non-Promoter)
Warrant Conversion Terms
The convertible warrants carry specific terms for conversion into equity shares:
Each warrant is convertible into one equity share of Rs. 1 each
Conversion rights can be exercised within 18 months from the date of allotment
25% of the consideration is payable at the time of application
Remaining 75% is payable at the time of conversion
Unexercised warrants will lapse after 18 months, with the 25% consideration being forfeited
Impact on Shareholding Pattern
Upon full conversion of the warrants, Mrs. Nandakumar Padma's holding will increase from 9,000 shares (0.005%) to 80,09,000 shares (4.07%). The pricing for both equity shares and warrants is set at Rs. 16.58, representing the floor price as per Regulation 164 of Chapter V of the SEBI ICDR Regulations.
Regulatory Compliance
Both proposals are subject to necessary approvals from shareholders and regulatory authorities, including BSE Limited and National Stock Exchange of India Limited. The issuances comply with provisions of the Companies Act, 2013, SEBI Listing Regulations, and other applicable laws and regulations.
Almondz Global Securities Limited has published its consolidated unaudited financial results for the third quarter of FY26 and nine months ended December 31, 2025, in newspapers as required under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed stock exchanges about this publication through a formal communication dated February 12, 2026.
Regulatory Compliance and Publication Details
The company's Director Legal & Corporate Affairs & Company Secretary, Ajay Pratap, communicated the newspaper publication to both BSE Limited and National Stock Exchange of India Limited. The letter, bearing reference number agsl/corres/Bse/Nse/25-26/0053, was digitally signed and submitted on February 12, 2026.
Compliance Parameter: Details Regulation: SEBI LODR Regulation 47 Publication Date: February 12, 2026 Communication Reference: agsl/corres/Bse/Nse/25-26/0053 Authorized Signatory: Ajay Pratap (DIN: 10805775)
Q3FY26 Consolidated Financial Performance
The published financial results demonstrate strong consolidated performance for the quarter ended December 31, 2025. The consolidated results include figures from one associate company, M/s Premier Green Innovations Private Limited, and one joint venture (AGCL & AGSL WASH JV).
Consolidated Metrics: Q3FY26 Q3FY25 Growth (%) Total Income from Operations: ₹5,195 lakh ₹3,323 lakh +56% Net Profit Before Tax: ₹894 lakh ₹243 lakh +268% Net Profit After Tax: ₹1,277 lakh ₹243 lakh +425% Total Comprehensive Income: ₹1,275 lakh ₹255 lakh +400%
Standalone Financial Highlights
The standalone financial results show equally impressive performance across key operational metrics for the third quarter.
Standalone Performance: Q3FY26 Q3FY25 Change (%) Net Income from Operations: ₹2,729 lakh ₹755 lakh +261% Profit Before Tax: ₹241 lakh ₹62 lakh +289% Profit After Tax: ₹126 lakh ₹57 lakh +121% Total Comprehensive Income: ₹129 lakh ₹66 lakh +95%
Nine-Month Performance Overview
For the nine-month period ended December 31, 2025, both consolidated and standalone results maintained strong growth momentum across all financial parameters.
Nine-Month Consolidated: 9M FY26 9M FY25 Growth (%) Total Income: ₹11,775 lakh ₹9,689 lakh +22% Net Profit: ₹2,354 lakh ₹1,117 lakh +111% Basic EPS: ₹1.36 ₹0.67 +103% Diluted EPS: ₹1.34 ₹0.65 +106%
Capital Structure and Share Information
The company's equity share capital remained stable at ₹1,736 lakh, consisting of shares with a face value of ₹1 each. The earnings per share showed significant improvement across both basic and diluted calculations for the quarter and nine-month periods.
Board Approval and Compliance
The Board of Directors approved these unaudited financial results during their meeting held on February 11, 2026. Managing Director Manoj Kumar Arora (DIN: 06777177) signed the published results on behalf of the board. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.
The complete financial results are available on the company's website at www.almondzglobal.com and on stock exchange websites www.bseindia.com and www.nseindia.com , providing stakeholders with comprehensive access to detailed financial information.
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