Infibeam Avenues Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/05/2025 ,inter alia, to consider and approve the proposal of raising of ....
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Infibeam Avenues has called a Board meeting on May 9, 2025 to consider raising fresh funds. The options on the table include issuing new equity shares, convertible securities, or other securities. The company may use any combination of three routes: a rights issue (offering shares to existing shareholders), a preferential issue (allotment to selected investors), or a Qualified Institutions Placement (QIP) to institutional investors. The exact size, price, and mix are yet to be decided. The trading window for insiders is already closed since April 1, 2025, ahead of the March-quarter results announcement.
This is a pre-announcement; no dilution or fundraise is confirmed yet. If approved, existing shareholders may face equity dilution depending on the route chosen — a rights issue protects their proportional ownership, while a QIP or preferential issue may dilute them at a price to be decided. Watch for the May 9 outcome for deal size and pricing.