Infibeam Avenues Limited has informed the Exchange about Update on Investment.
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On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and in line with its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Infibeam Avenues has completed the slump sale of its Platform Business Undertaking to its subsidiary Rediff.com India Limited on September 30, 2025, following shareholder approval on September 29, 2025. As a result, Infibeam's shareholding in Rediff has risen to 82.66%. As part of the transaction, Infibeam Projects Management Private Limited (IPMPL) has also been transferred to Rediff, becoming a wholly owned step-down subsidiary. IPMPL contributed Rs. 117.45 Mn in turnover (0.29% of total) and had a net worth of Rs. 1,217.94 Mn (3.17%) in FY24-25. The deal was first announced on August 11, 2025, and is a related party transaction executed at arm's length.
This restructuring consolidates the platform business under Rediff, where Infibeam holds a controlling 82.66% stake, potentially unlocking focused value for both entities. Shareholders should watch for how the listed entity's revenue mix and valuation change now that the platform business sits under Rediff.