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Avonmore Capital inks SPA to acquire 100% stake in EGE Consultant

10 Apr 2026 Evaluate

Avonmore Capital & Management Services has entered into a Share Purchase Agreement (SPA) for acquisition of 100% stake of Excelling Geo & Engineering Consultant (EGE Consultant). Prior to the acquisition, the company has Nil Shareholding. Post-acquisition, EGE Consultant will become wholly owned subsidiary, hence no such specific special rights. 

The company 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. 


Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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