Infibeam Avenues Limited has informed the Exchange regarding Outcome of Rights Issue Committee Meeting held on January 12, 2026 for Reminder cum Forfeiture Notice to the holders of Partly Paid-up Equity Shares.
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Infibeam Avenues' Rights Issue Committee met on January 12, 2026, and approved sending a Reminder cum Forfeiture Notice to shareholders who have not yet paid the First and Final Call Money on partly paid-up equity shares issued through the June 2025 rights issue. The outstanding amount is ₹5 per share (₹0.50 face value plus ₹4.50 securities premium). Shareholders have an 11-day payment window from January 19, 2026, to January 29, 2026, to pay via NEFT, RTGS, or Net Banking. Failure to pay, or any part payment, will result in forfeiture of the partly paid-up shares, including the amount already paid. A partial payment example shows that paying half the amount would only convert half the held shares to fully paid-up status, with the rest liable for forfeiture.
Shareholders who do not pay by January 29, 2026, risk losing both their remaining unpaid shares and the money already paid toward the rights issue. This is a procedural compliance step by the company and is unlikely to materially affect the stock price, but it signals the company is moving to clean up its share register by converting or forfeiting unpaid rights shares.