Almondz Global Approves Infrastructure Demerger Into AGICL, Proposes Separate Listing

Board approved a scheme to demerge AGSL’s infrastructure advisory business into AGICL, which will seek listing. Shareholders receive 666 AGICL shares per 10,000 AGSL shares; AGSL’s FY26 standalone turnover contribution was ₹2.92 crore (4.58%). The scheme remains subject to NCLT, shareholder and statutory approvals. Context: advances the previously unresolved restructuring process.