CCAVENUENSEAvenuesAI Limited· Financial Technology (Fintech)HighNeutral
Announced Mon, 9 Jun, 2025 · 20:06 IST

Outcome of Rights Issue Committee Meeting

CCAVENUE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.0%Reaction day
₹23.14
prior close
₹23.18
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%-0.7% vs market
Financial Technology (Fintech) peers, median of 7sector-0.8%+0.8% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.8 pts more than its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.4
10m
-0.2
15m
-0.6
30m
-0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.0+0.7-0.7-0.8+0.8
Next day
+0.6+1.2-0.6-0.3+0.9
2d
-3.2-0.3-2.9-1.0-2.2
3d
-5.4-0.7-4.7-3.4-2.0
4d
-2.3-0.4-2.0-1.0-1.3
5d
-5.1-1.4-3.7-2.8-2.3
1w
-7.3-3.4-3.8-3.8-3.5
15d
-27.4+0.9-28.3-3.5-23.9
1m
-28.3+1.5-29.8-2.4-25.8
2m
-35.2-3.6-31.5-0.2-35.0
3m
-30.6-0.8-29.9+0.7-31.4
UpDownMarket · Nifty Microcap 250Sector · Financial Technology (Fintech) peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Infibeam Avenues Limited's Rights Issue Committee met on June 9, 2025, and approved the Draft Letter of Offer for a proposed Rights Issue. The draft will now be filed with BSE and NSE to seek their in-principle approvals. The announcement follows an earlier communication dated May 9, 2025, indicating the rights issue plan was already in motion. No details on issue size, ratio, price, or record date have been disclosed in this filing. The company has also made these details available on its website at www.ia.ooo.

Likely market impact

A rights issue gives existing shareholders the right to buy additional shares, usually at a discount. If approved, it will raise capital for the company but may dilute shareholdings of those who do not participate. Investors should watch for the Draft Letter of Offer for key terms like issue price, ratio, and record date.