Infibeam Avenues Limited has informed the Exchange regarding 'Call Notice for payment of First and Final Call on Partly Paid-up Equity Shares issued and allotted on Rights Issue Basis pursuant to the Letter of Offer dated June 19, 2025'.
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Awaiting price reaction for this filing.
Infibeam Avenues has issued a call notice asking shareholders who applied for partly paid-up shares in its June 2025 rights issue to pay the remaining balance (call money) on those shares. The shares were allotted on a partly paid-up basis under the letter of offer dated June 19, 2025. Shareholders who do not pay the call money by the due date risk forfeiture of their shares. The specific call amount, record date, and payment deadline would be detailed in the formal notice.
This is a routine follow-up to a prior rights issue and is not a new corporate event. Shareholders who hold partly paid-up shares must arrange funds by the deadline to avoid losing their shares; the stock price is unlikely to see a material reaction.