Avonmore Capital & Management Services Board Approves In-Principle ₹60 Crore NCD Raise

Board approved in-principle fundraising of up to ₹60Cr through unlisted, secured, redeemable NCDs via private placement to eligible investors. A new debt-funded capital action, shifting the company toward external funding as infrastructure advisory becomes its strategic growth vertical. Coupon, tenure, security, maturity, use of proceeds and investor terms remain undisclosed; issuance is subject to approvals and may increase leverage.