Infibeam Avenues Limited has informed the Exchange about Copy of Newspaper Publication
CCAVENUE · price
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Infibeam Avenues has completed the allotment of its rights issue of up to 69,99,85,723 partly paid-up equity shares of Re. 1 face value at Rs. 10 each (including Rs. 9 premium), in the ratio of 67 rights shares for every 267 fully paid-up shares held. The issue opened on July 3, 2025 and closed on July 11, 2025. The company received 65,207 applications for 97,67,27,612 shares; 5,652 applications for 3,07,45,798 shares were technically rejected, leaving 59,555 valid applications for 94,59,81,814 shares. Allotment was finalised on July 15, 2025, and the full 69,99,85,723 shares were allotted to successful applicants. The company has submitted listing applications to BSE and NSE, with trading in the partly paid-up rights shares expected to begin on July 17, 2025.
Eligible shareholders who applied will see the partly paid-up shares credited to their demat accounts around July 16, 2025. The new partly paid-up rights shares will start trading from July 17, 2025, adding to the float and creating dilution for non-applicants.