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.

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.

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.

Infibeam Avenues Limited has announced a significant update regarding its ongoing rights issue. The company has scheduled a Rights Issue Committee meeting for November 10, 2025, to address key matters related to the first and final call for the rights issue.

Key Points of the Announcement

1. Meeting Date: The Rights Issue Committee meeting is set for November 10, 2025.

2. Agenda Items:

   • Consideration of the first and final call for the rights issue
   • Determination of the record date for holders of partly paid-up equity shares

3. Purpose of Record Date: To identify shareholders who will receive call notices for payment of the first and final call.

4. Trading Window Closure: The trading window for the company's securities remains closed from October 1, 2025, to November 17, 2025, in compliance with SEBI regulations.

Implications for Shareholders

This announcement is particularly relevant for holders of partly paid-up equity shares of Infibeam Avenues. The upcoming committee meeting will decide on crucial aspects of the rights issue process, including:

• The amount and timing of the first and final call payment
• The record date, which will determine eligibility for receiving call notices

Shareholders should stay alert for further announcements following the November 10 meeting, as these decisions will directly impact their holdings and potential financial obligations.

Corporate Governance and Transparency

Infibeam Avenues' prompt disclosure of this meeting aligns with regulatory requirements and demonstrates the company's commitment to transparency. The announcement, made on November 5, 2025, provides shareholders and the market with advance notice of potential significant corporate actions.

Investors and market participants are advised to monitor the company's official communications channels for updates following the Rights Issue Committee meeting. These updates may include the finalized record date and details of the first and final call, which could influence trading strategies and investment decisions.

As the rights issue progresses, it will be crucial for stakeholders to understand the implications of these decisions on the company's capital structure and their own investment positions.