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Avonmore Capital & Management Services Ltd. Company History and Annual Growth Details

ALLIANZ CAPITAL & MANAGEMENT SERVICES LIMITED, was incorporated as a Private Limited Company on 30th September, 1991 under the name of Ashtan Capital & Management Services Private Limited. It was converted into a Public Limited Company on 16th May, 1992 and the name was changed to
ALLIANZ CAPITAL & MANAGEMENT SERVICES LIMITED on 5th November 1992.

The Company is a Category-I Merchant Banker registered with the Securities and Exchange Board of India (SEBI). The Company is also registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company vide their letter no DFC.ND.NO.41054/05.1.1.0883/94-95 dated November 17, 1994. The Company made a maiden Public Issue of its Equity Shares in February, 1994 and is presently listed on Delhi and
Bombay Stock Exchanges.

The Company is the brainchild of Mr. Ashwajit Singh, a Chartered Accountant and qualified Company Secretary (Gold Medalist). He has also done his Masters in MIS from the London School of Economics, U.K. and is a Certified Internal Auditor from U.S.A. He is assisted by a team of
professionals comprising of Chartered Accountants, M.B.A., Company Secretaries, Cost Accountants and Software Professionals.

The Company had started its business operations in 1990 with Project Advisory services and has presently grown to become an integrated financial services Company providing a range of financial services like Merchant Banking, Corporate Finance (comprising Leasing, Bill Discounting and Inter-Corporate Deposits), Money Market Operations, Equity Research, Consumer Finance, Project Advisory and Fixed Deposit. The Company has got young, dynamic and professional manpower and experienced and eminent Board of Directors. The Company has its Registered and Corporate office at New Delhi, and branch offices at Bombay, Madras and Chandigarh.


2000 - Crisil has suspended the ratings assigned to the fixed deposit
programmes of Allianz Capital and Management Services Ltd, BCL
Financial Services Ltd. and Aravali Securities and Finance Ltd.

2006

-llianz Capital & Management Services Ltd has informed that Mr Samir Chhabra has resigned from the directorship of the Company w.e.f. October 05, 2006.


2007

-Allianz Capital & Management Services Ltd has informed that the name of the Company has been changed from 'Allianz Capital & Management Services Ltd' to 'Almondz Capital & Management Services Ltd' w.e.f. May 22, 2007, in accordance with the Fresh Certificate of Incorporation received from the Registrar of Companies, NCT of Delhi & Haryana, consequent upon change of name of the Company.

2008

-Almondz Capital & Management Services Ltd has appointed Mr. Shiam Sunder Lal Gupta as the Additional Director of the Company.

2010

- Almondz Capital & Management Services Ltd has appointed Mr. Harjit Singh Sethi as an Additional Director of the Company w.e.f. May 29, 2010.

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