Avonmore Capital & Management Services has successfully completed the acquisition of 5,100 shares of Rs 10 each i.e. 51% stake in TRP Social Consultants, for a total consideration of Rs 51,000, thereby making it a subsidiary company of Avonmore Capital & Management Services with effect from June 15, 2018.
Avonmore Capital is registered with the Reserve Bank of India to carry on the Business of a Non-Banking Financial Institution without accepting public deposits and presently, the company is involved in NBFC activities and sub-broker advisory services.