Almondz Global Securities Limited has informed stock exchanges that its Board of Directors will meet on Wednesday, February 25, 2026, to consider a proposal for raising funds through a preferential issue. The disclosure was made under Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prior intimation of board meetings considering capital raising proposals.

The company addressed the communication to both BSE Limited and the National Stock Exchange of India Limited (NSE), ensuring transparency and regulatory compliance.

This development signals a potential capital restructuring or fresh fund infusion plan by the company, subject to statutory and shareholder approvals.

Details of the Proposed Fundraising Plan

According to the official intimation, the Board will consider and evaluate a proposal to raise funds in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.

The proposal may include:

• Conversion of outstanding loans into equity shares or warrants

• Fresh issuance of equity shares

• Issuance of warrants or other eligible securities

• Fundraising on a preferential basis

The final structure of the issue will depend on Board deliberations and subsequent approvals.

What Is a Preferential Issue?

A preferential issue allows a listed company to raise capital by issuing shares or convertible securities to a select group of investors instead of offering them to the public at large.

This method is often used for:

• Quick capital mobilisation

• Strengthening balance sheet

• Strategic investor participation

• Debt restructuring through conversion

In this case, the mention of converting outstanding loans into equity suggests a possible effort to improve the company’s debt-to-equity ratio and overall financial position.

Conversion of Loans into Equity

One of the key elements under consideration is the conversion of outstanding loans into equity shares or warrants. Such a move can have several implications:

• Reduction in debt burden

• Improvement in financial leverage

• Alignment of lender interests with shareholders

• Potential dilution of existing equity

Loan-to-equity conversion is commonly used when companies aim to streamline liabilities or when lenders agree to become equity participants.

Regulatory Compliance and Approvals

The company has clarified that the proposal is subject to:

• Shareholder approval

• Statutory approvals

• Other regulatory clearances as required

The Board may also consider convening an Extraordinary General Meeting (EGM) to seek shareholder consent for the proposed fundraising plan.

Under the Companies Act, 2013 and SEBI regulations, preferential issues require shareholder approval via special resolution.

Importance of Regulation 29 Disclosure

Under Regulation 29(1)(d) of SEBI LODR Regulations, listed companies must provide prior intimation of board meetings where financial restructuring or capital raising proposals are to be considered.

This ensures:

• Market transparency

• Equal access to information

• Prevention of insider trading

• Protection of investor interests

By making the disclosure in advance, Almondz Global Securities has complied with regulatory norms.

Company Profile and Contact Details

Almondz Global Securities Limited
CIN: L74899MH1994PLC434425

Registered Office:

Level-5, Grande Palladium, 175, CST Road, Off BKC Kalina, Santacruz (E), Vidyanagari, Mumbai – 400098, Maharashtra.

Corporate Office:

F-33/3, Okhla Industrial Area, Phase II, New Delhi – 110020.

The communication was signed by Ajay Pratap, Director – Legal & Corporate Affairs & Company Secretary, dated February 20, 2026.

Market and Investor Perspective

Fundraising announcements generally attract investor attention because they may impact:

• Shareholding structure

• Earnings per share

• Debt levels

• Long-term growth plans

If the proposal includes loan conversion, investors may view it positively as a step toward financial restructuring. However, fresh equity issuance may result in dilution, which is typically evaluated based on pricing and strategic benefits.

The final impact will depend on:

• Issue size

• Pricing formula

• Identity of allottees

• Use of proceeds

What to Expect Next

The Board meeting scheduled for February 25, 2026, will determine whether the company proceeds with the preferential issue and in what structure.

If approved:

1. Detailed terms will be disclosed to stock exchanges.

2. Shareholder approval through EGM may be sought.

3. Necessary filings will be made with exchanges and regulators.

4. Allotment process will follow regulatory timelines.

Investors will closely watch the outcome of the meeting for clarity on capital restructuring plans.

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