Subhash Phootarmal Rathod increased his stake in Avonmore Capital & Management Services Limited from 3.87% to 4.22%, acquiring 9,96,381 shares through a rights issue.
A non-banking financial company established in 1992, Avonmore Capital Management Services provides loans and advances to corporate clients across various sectors. The company operates through two primary business verticals: corporate lending and sub-broker advisory services. Its integrated approach to financial services and corporate financing establishes a distinctive position within India's diversified non-banking financial services landscape.
Former director in entertainment (Shree Ashtavinayak Cine Vision) and financial services (Stellant Securities), now active in bulk and block deal markets across small-cap stocks. Recent moves in Praxis Home Retail and Akme Fintrade. An opportunistic buyer who acts fast in deal routes.
