AvenuesAI Limited has informed the Exchange regarding Rights Issue Committee Meeting to be held on February 19, 2026 for 2nd Reminder cum Forfeiture Notice for payment of Call Money outstanding on Partly Paid-up Equity Shares.
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AvenuesAI Limited (formerly Infibeam Avenues) has informed the stock exchanges that its Rights Issue Committee will meet on February 19, 2026, to consider and approve a 2nd Reminder cum Forfeiture Notice for shareholders who have not yet paid the call money due on partly paid-up equity shares issued under the company's earlier rights issue. This means certain shareholders have not paid subsequent installments on the rights shares they were allotted. If they still do not pay, their partly paid-up shares may be forfeited by the company. The intimation has been filed under SEBI Listing Regulations and is also available on the company's website.
This is largely an administrative/regulatory update, not a new corporate action. It signals that some shareholders defaulted on call money payments, which could lead to share forfeitures. For existing shareholders, there is no direct financial impact, but persistent defaults may reflect weak investor appetite for the rights issue.