Infibeam Avenues Converts 68.22 Cr Partly Paid Shares After Rights Issue Call

1 min read     Updated on 10 Nov 2025, 04:33 PM
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Overview

Infibeam Avenues completed its rights issue process by converting 68.22 crore partly paid-up equity shares into fully paid-up shares after receiving final call money of Rs 5 per share. The conversion achieved a high success rate of 97.46% from the total approved shares, strengthening the company's capital structure.

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*this image is generated using AI for illustrative purposes only.

Infibeam Avenues Limited , a leading fintech company, has successfully completed the conversion of its partly paid-up equity shares following the final call on its rights issue. The Rights Issue Committee approved the conversion of 68.22 crore partly paid-up equity shares into fully paid-up shares on December 16, 2025, after receiving the final call money from eligible shareholders.

Rights Issue Call Completion

The company had earlier announced the first and final call on November 10, 2025, for its partly paid-up equity shares from the recent rights issue. The call period ran from November 25 to December 9, 2025, during which shareholders were required to pay Rs 5.00 per share to convert their partly paid-up shares into fully paid-up equity shares.

Particulars: Details
Total Shares Approved: 69,99,85,723
Shares Actually Converted: 68,21,82,616
Call Amount per Share: Rs 5.00
Face Value Adjustment: Rs 0.50
Securities Premium: Rs 4.50
Record Date: November 14, 2025
Conversion Date: December 16, 2025

Conversion Details and Reconciliation

The Rights Issue Committee meeting held on December 16, 2025, approved the conversion of 68,21,82,616 partly paid-up equity shares into fully paid-up equity shares upon receipt of the final call money. This represents a high conversion rate from the total approved shares.

Reconciliation Statement: Number of Shares
Shares Approved by Stock Exchanges: 69,99,85,723
Shares Actually Allotted: 69,99,85,723
Shares Converted to Fully Paid: 68,21,82,616
Conversion Rate: 97.46%

Background and Process

The partly paid-up equity shares were originally allotted on July 15, 2025, with Re 0.50 paid-up out of Re 1 face value. The final call completed the payment for these shares, with Re 0.50 adjusted towards the face value and Rs 4.50 towards the securities premium for each converted share. Trading in the partly paid-up shares was suspended from November 14, 2025, in accordance with regulatory guidelines.

Strategic Impact

This successful completion of the rights issue process strengthens Infibeam Avenues' capital structure and demonstrates strong shareholder confidence with the high conversion rate achieved. The company has made this information available on its website and informed the stock exchanges as per regulatory requirements.

Historical Stock Returns for Infibeam Avenues

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+0.85%-6.06%-8.98%-6.45%-21.51%-15.01%
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Infibeam Avenues Schedules Rights Issue Committee Meeting for January 12, 2026

1 min read     Updated on 05 Nov 2025, 05:21 PM
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Reviewed by
Jubin VScanX News Team
Overview

Infibeam Avenues Limited has rescheduled its Rights Issue Committee meeting to January 12, 2026, focusing on reminder cum forfeiture notice for outstanding call money payments on partly paid-up equity shares. The company has implemented trading window restrictions from January 1, 2026, in compliance with SEBI regulations, which will remain in effect until 48 hours after the declaration of financial results for the quarter ended December 31, 2025.

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*this image is generated using AI for illustrative purposes only.

Infibeam Avenues Limited has announced an updated schedule for its Rights Issue Committee meeting. The company has rescheduled the meeting for January 12, 2026, to address critical matters related to the ongoing rights issue process.

Meeting Details and Agenda

The Rights Issue Committee meeting will focus on important aspects of the rights issue implementation:

Parameter: Details
Meeting Date: January 12, 2026
Primary Agenda: Reminder cum Forfeiture Notice for Call Money
Target Securities: Partly Paid-up Equity Shares
Regulatory Compliance: SEBI Regulation 29

The meeting will specifically consider, discuss and approve the Reminder cum Forfeiture Notice for payment of call money outstanding on partly paid-up equity shares issued under the rights issue.

Trading Window Restrictions

Infibeam Avenues has implemented trading window restrictions in compliance with regulatory requirements. The trading window for the company's securities is closed from January 1, 2026, and will remain closed until 48 hours after the declaration of financial results for the quarter and nine months ended December 31, 2025.

This closure aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading.

Implications for Shareholders

The upcoming committee meeting holds significant importance for holders of partly paid-up equity shares. The reminder cum forfeiture notice represents a critical step in the rights issue process, as it addresses outstanding call money payments.

Shareholders who have not fulfilled their payment obligations for the call money on partly paid-up shares should take note of this development. The forfeiture process typically follows when shareholders fail to respond to payment calls within the stipulated timeframe.

Corporate Compliance and Transparency

The announcement, made on January 7, 2026, demonstrates Infibeam Avenues' commitment to regulatory compliance and transparent communication with stakeholders. The company has ensured that this information is available on its official website at www.ia.ooo for easy access by investors and market participants.

Investors are advised to monitor the company's official communications for updates following the January 12 meeting, as the decisions made could significantly impact their shareholding positions and the overall rights issue timeline.

Historical Stock Returns for Infibeam Avenues

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%-6.06%-8.98%-6.45%-21.51%-15.01%
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