Infibeam Avenues Limited has informed the Exchange about Copy of Newspaper Publication for First and Final Call Money Notice for the purpose of Rights Issue.
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The company has informed the stock exchange about publishing a newspaper notice related to the First and Final Call Money for its ongoing Rights Issue. This is a standard regulatory disclosure required when a company that has previously issued rights shares calls upon shareholders to pay any unpaid balance on partly paid-up rights shares. The notice has been published in newspapers as per SEBI and Companies Act requirements to inform shareholders who may have not yet paid the full amount.
Shareholders who hold partly paid-up rights shares must arrange to pay the call money by the specified deadline to avoid forfeiture of their shares. This is a procedural compliance step and does not change the company's fundamentals; minor administrative impact on shares held in partly paid form.