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.