AvenuesAI board OKs merger of Nueromind, Q1 revenue up 109%

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-6.8%Reaction day

₹17.59

prior close

₹16.78

announcement price

In-mkt

timing

Nifty Microcap 250market-0.2%-6.6% vs market

Financial Technology (Fintech) peers, median of 9sector+1.1%-7.9% vs sector

On the reaction day the stock moved 6.6 pts less than Nifty Microcap 250 and 7.9 pts less than its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.1

15m

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30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.8-0.2-6.6+1.1-7.9

Next day

-8.5+0.2-8.7+1.1-9.6

-11.0+0.4-11.4+2.5-13.5

-12.5+0.4-12.9+1.2-13.6

-13.4+0.6-13.9-0.2-13.1

-14.4+0.9-15.3-2.4-12.0

-14.8+0.9-15.7-1.1-13.8

15d

-12.7+0.9-13.7-1.0-11.7

-7.3+2.3-9.7+1.0-8.4

-21.3-1.1-20.2+0.4-21.6

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UpDownMarket · Nifty Microcap 250Sector · Financial Technology (Fintech) peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved merging wholly-owned Nueromind Technologies into AvenuesAI under Section 230-232 of Companies Act, subject to NCLT approval. Also approved consolidating 10 shares of Re.1 into 1 share of Rs.10. Q1 FY27 consolidated revenue rose 109% YoY to Rs 268.04 crore, PAT up 45% at Rs 84.76 crore. Investment in Ratnaafin Capital raised to Rs 70 crore. FY27 revenue guided at Rs 1100-1300 crore.

Likely market impact

Capital structure simplification and strong Q1 growth; merger needs NCLT and shareholder approval.