Avonmore Capital & Management Services has made investment in the Share Capital of Almondz Insurance Brokers by acquiring 51% stake. Almondz Insurance Brokers has become subsidiary of the Company.
Avonmore Capital & Management had started its business operations in 1990 with Project Advisory services and has presently grown to become an integrated financial services Company providing a range of financial services like Merchant Banking, Corporate Finance (comprising Leasing, Bill Discounting and Inter-Corporate Deposits), Money Market Operations, Equity Research, Consumer Finance, Project Advisory and Fixed Deposit