Almondz Global Securities Ltd

Scheme overview

• Demerger of the Infrastructure Advisory Business from the Demerged Company into the Resulting Company.
• The Demerged Undertaking transfers as a going concern to the Resulting Company.
• The Resulting Company will seek listing after the demerger.

Rationale and impact

• Aims to focus management by segregating infrastructure advisory from broking activities.
• Independence expected to attract investors, lenders, and partners through separate listing.
• Should improve governance and resource allocation for each business.

Key terms and approvals

• Nature: demerger of the demerged undertaking into the resulting company.
• Board approval dated 24 Aug 2026; AGM planned for 30 Sep 2026.
• Approvals required: NCLT sanction, other authorities, and majority public shareholder approval.
• Record Date for entitlement to warrants to be fixed.
• Listing to be sought for the resulting company.

Financial mechanics and capital

• Share-based consideration: 666 AGICL warrants per 10,000 AGSL warrants.
• Warrant pricing: Rs 57.17 per AGICL warrant; Rs 16.58 per AGSL warrant.
• Post-scheme equity: promoter 68.49%, public 31.51%; total 1,98,72,262 shares.
• Pre-scheme equity: 1,59,21,618 shares.
• Capital uplift from exercise of 80 lakh warrants: potential INR 0.80 crore.

Stakeholder and asset transfer

• Assets and liabilities of the Infrastructure Advisory Business transfer to the Resulting Company.
• Employees with domain expertise to be aligned with the new entity.
• Wider governance transparency and access to capital expected.
• Ownership restructuring changes promoter/public ownership mix.

Status and next steps

• Board approved the Scheme; subject to NCLT sanction and other approvals.
• Scheme to be filed with stock exchanges; AGM date fixed.
• Scheme documents to be hosted on the company's website.

Board-approved results and auditor

• Board approves standalone and consolidated unaudited results for quarter ended 30 June 2026.
• Audit Committee recommended the results; Mohan Gupta & Co. issued limited review reports.
• Results will be published in newspapers per SEBI LODR; full format on NSE/BSE and company site.
• Standalone revenue from operations: 1,422 lakh; standalone PAT: 481 lakh; standalone PBT: 466 lakh.
• Consolidated PBT: 1,210 lakh; consolidated PAT: 1,253 lakh.
• Management states results prepared under Ind-AS 34; investment property reclassified to Infrastructure division from 31 March 2026.

Correction details

• Corrigendum fixes YoY revenue and profit in 'Performance Overview - Financial Services'.
• Corrected figures: Revenue Rs. 15.97 crore; Profit Rs. 6.49 crore for 1Q FY26.
• Previous 1Q FY25-26 figures were Revenue Rs. 9.20 crore; Profit Rs. 2.52 crore.
• Board-approved unaudited results remain unchanged.

Consolidated results

• Consolidated 1Q FY2026-27 revenue Rs 44.96 crore; profit Rs 12.55 crore.
• 4Q FY2025-26: revenue Rs 72.55 crore, profit Rs 5.37 crore.
• YoY: 1Q revenue Rs 44.96 crore vs Rs 32.28 crore; profit Rs 12.55 vs Rs 6.93.

Financial Services

• 1Q FY2026-27 revenue Rs 15.97 crore; profit Rs 6.49 crore.
• 4Q FY2025-26 revenue Rs 20.80 crore; profit Rs -0.51 crore.
• YoY: 1Q FY2026-27 revenue Rs 17.17 crore; profit Rs 7.69 crore.

Green Fuel (PGIPL)

• PGIPL 1Q FY2026-27 revenue Rs 179.33 crore; profit Rs 11.41 crore.
• 4Q FY2025-26 revenue Rs 179.35 crore; profit Rs 12.15 crore.

Odisha Plant readiness

• Odisha PGIPL plant completed construction; ready for commercial operations.
• Procurement contract with Oil Marketing Companies awaited; tender not yet floated.
• Commercial production to start immediately after procurement contract.

Infrastructure Advisory

• 1Q FY2026-27 revenue Rs 28.53 crore; profit Rs 2.49 crore.
• 4Q FY2025-26 revenue Rs 51.39 crore; profit Rs 2.31 crore.
• New business won Rs 97.32 crore in current year.

Outlook

• Guidance: current year revenue and profitability growth 20-22%.

Financial results and disclosures

• Board approved unaudited standalone and consolidated results for quarter ended June 30, 2026.
• Statutory auditors Mohan Gupta & Co. issued Limited Review Reports.
• Extract of unaudited consolidated results with QR code to be published in newspapers.
• Full-format results available on NSE/BSE portals and Almondz Global website.

Dematerialisation status

• Dematerialisation requests were confirmed to depositories (accepted/rejected).
• Securities dematerialised have been listed on the stock exchanges where earlier issued securities are listed.
• Physical certificates were mutilated and cancelled; depository name substituted as registered owner within 15 days.