Avonmore Capital Acquires 100% Equity in EGE Consultant Pvt. Ltd. for ₹1 Crore
Avonmore Capital & Management Services Limited has approved the acquisition of 100% equity in Excelling Geo & Engineering Consultant Private Limited for ₹1 Crore. The company also announced its un-audited financial results for the quarter and nine months ended December 31, 2025. The acquisition is expected to be completed by March 31, 2026.
The acquisition of a subsidiary, while strategic, is for a relatively small amount and is expected to enhance existing business lines.
The company announced a strategic acquisition and the approval of its quarterly financial results, both positive developments.
Avonmore Capital & Management Services Limited announced today, February 13, 2026, that its Board of Directors has approved the acquisition of 100% equity shares of Excelling Geo & Engineering Consultant Private Limited (EGE Consultant Pvt. Ltd.) for a total consideration of ₹1 Crore. The acquisition, comprising 1,00,000 equity shares at ₹100 per share, will make EGE Consultant Pvt. Ltd. a wholly-owned subsidiary of Avonmore Capital.
The company also approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. These results, along with the Limited Review Reports from statutory auditors M/s Mohan Gupta & Co., will be published in newspapers and made available on the stock exchange and company websites.
EGE Consultant Pvt. Ltd. operates in the Infrastructure Advisory/Consultancy Services sector and had a turnover of ₹2.12 Crore for the financial year ended March 31, 2025. The acquisition is expected to scale up and strengthen Avonmore's existing infrastructure advisory and engineering consultancy business. The transaction is subject to the execution of a Share Purchase Agreement and is anticipated to be completed by the end of March 2026.
The Board meeting commenced at 1:00 p.m. and concluded at 2:50 p.m.
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Avonmore Capital & Management Services Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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