Rights Issue Committee at its Meeting held on today i.e. June 19, 2025 has approved terms of Rights Issue of Equity Shares.
CCAVENUE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 2.5 pts less than its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Infibeam Avenues has approved a rights issue of approximately 69.99 crore partly paid-up equity shares at ₹10 per share (face value ₹1 + premium ₹9). The total issue size is around ₹700 crore, assuming full subscription. The entitlement ratio is 67 rights shares for every 267 fully paid-up shares held, with a record date of June 26, 2025. The issue opens on July 3, 2025 and closes on July 11, 2025. If fully subscribed, the company's outstanding share count will increase from about 278.95 crore to 348.95 crore shares, representing roughly 25% dilution.
Eligible shareholders can subscribe to additional shares in proportion to their existing holdings, which could help raise capital for the company. However, non-subscribing shareholders may face dilution of their stake by around 20-25% once the rights shares are fully issued.