Outcome of Rights Issue Committee Meeting for Record Date and First and Final Call money payment period.
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AvenuesAI Limited's Rights Issue Committee has finalized the record date and the payment period for the first and final call money on its rights issue. The record date determines which shareholders are eligible to receive rights entitlements. Details on the specific dates, issue price, and ratio would be detailed in the formal intimation. This is a procedural update confirming the timeline for the rights issue process.
Shareholders on the record date will be eligible for the rights entitlement. Investors should watch for the formal letter of offer with pricing details to evaluate whether applying for rights shares makes financial sense.