CCAVENUENSEAvenuesAI LimitedMediumNeutral
Announced Wed, 7 Jan · 18:36 IST

Infibeam Avenues Limited has informed the Exchange regarding Rights Issue Committee Meeting to be held on January 12, 2026 for Reminder cum Forfeiture Notice for payment of Call Money outstanding on Partly Paid-up Equity Shares.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Infibeam Avenues has informed the exchanges that its Rights Issue Committee will meet on January 12, 2026 to consider and approve a Reminder cum Forfeiture Notice for shareholders who have not paid the outstanding Call Money on Partly Paid-up Equity Shares issued in a previous Rights Issue. This means some shareholders still owe money on shares they were allotted in an earlier rights issue where shares were issued in partly paid form. If these shareholders fail to pay the call money after the reminder, their partly paid shares are likely to be forfeited by the company. The company's trading window is already closed since January 1, 2026 until 48 hours after the Q3 FY26 financial results are declared.

Likely market impact

For shareholders who hold partly paid-up shares from the earlier rights issue and have not paid the call money, this is a warning to pay up soon or risk losing those shares through forfeiture. For existing regular shareholders, this is a routine administrative action and is unlikely to have a meaningful impact on the stock price.