Infibeam Avenues has successfully completed the conversion of a significant portion of its partly paid-up equity shares to fully paid-up status. The company's Rights Issue Committee, in its 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 of ₹5 per share.

Share Conversion Details

The conversion process was initiated following the company's earlier intimation dated November 10, 2025, which had fixed November 14, 2025 as the record date for payment of the first and final call money. Shareholders were required to pay ₹5.00 per partly paid-up equity share during the designated call period.

Reconciliation Statement

The company provided a detailed reconciliation of the share conversion process, showing the progression from approved shares to final conversion.

The conversion represents approximately 97.46% of the total partly paid-up equity shares that were allotted, indicating strong participation from shareholders in completing their payment obligations.

Corporate Communication

Infibeam Avenues dispatched call notices to eligible shareholders for the payment process and has made the intimation available on the company's website at www.ia.ooo . The company has informed both BSE Limited and National Stock Exchange of India Limited about the successful completion of the conversion process.

The conversion of partly paid-up shares to fully paid-up status strengthens the company's equity base and provides clarity on the final shareholding structure following the rights issue process.

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.