Infibeam Avenues Limited has announced the issuance of a first and final call notice to holders of partly paid-up equity shares from its June 2025 rights issue. This development marks a significant step in the company's capital raising process.

Key Details of the Call Notice

• Payment Requirement: Shareholders are required to pay ₹5.00 per share.
• Deadline: The payment must be made by December 9, 2025.
• Consequences of Non-Payment: Failure to pay the call money will result in forfeiture of the partly paid-up shares.
• Trading Suspension: Trading in these partly paid-up shares will be suspended from November 14, 2025.

Financial Implications

The first and final call money of ₹5.00 per share is structured as follows:

• ₹0.50 towards face value
• ₹4.50 towards securities premium

This call represents the balance amount due on the partly paid-up equity shares, which were initially allotted at an issue price of ₹10.00 per share.

Payment Process

Shareholders can make payments through the following methods:

1. Online ASBA (Application Supported by Blocked Amount)
2. Physical ASBA
3. Online payment using 3-in-1 online trading-demat-bank accounts offered by brokers

Important Dates

Shareholder Advisory

1. Deadline Adherence: Shareholders are strongly advised to make the payment on or before December 9, 2025, to avoid potential forfeiture of shares.
2. Documentation: Detailed instructions and ASBA Application Forms are being sent to eligible shareholders.
3. Verification: Shareholders should ensure that their PAN is linked with Aadhaar and complies with relevant tax notifications.

Infibeam Avenues has emphasized the importance of timely payment and has provided multiple channels for shareholders to complete the transaction. The company's move to collect the final call money is part of its strategy to fully capitalize on its rights issue from June 2025.

Shareholders seeking clarifications can contact the company's registrar, Alankit Assignments Limited, for assistance with the payment process or any related queries.

Infibeam Avenues , a leading fintech company, has achieved a significant milestone in its expansion strategy by securing authorization from the Reserve Bank of India (RBI) to operate as a payment aggregator for offline payments through Point of Sale (POS) devices. This marks the company's fourth RBI license under its CCAvenue brand, further solidifying its position in India's rapidly evolving digital payments landscape.

Expanding Offline Payment Capabilities

The RBI approval enables Infibeam Avenues to offer unified digital and offline payment solutions to merchants, significantly broadening its service portfolio. This development allows the company to tap into India's growing POS device market, which is projected to reach ₹135.32 billion by 2034.

Strategic Implications

This new authorization complements Infibeam Avenues' existing licenses and capabilities:

1. Comprehensive Payment Solutions: With the addition of offline payment aggregator services, Infibeam Avenues can now provide a more holistic payment ecosystem to its merchant partners.

2. Market Expansion: The company is well-positioned to capture a larger share of the burgeoning POS device market in India.

3. Enhanced Merchant Offerings: Merchants can now benefit from a single provider for both online and offline payment processing, potentially streamlining their operations and reducing costs.

Industry Context

The approval comes at a time when India's digital payment infrastructure is rapidly evolving. The POS device market, in particular, is experiencing significant growth, driven by increasing digital adoption among small and medium-sized businesses across the country.

Company's Financial Performance

While the news release doesn't provide specific financial details, it's worth noting that Infibeam Avenues has been focusing on expanding its payment solutions. In its recent earnings call, the company reported:

• Record revenues and profits, marking its best-ever performance
• A transition into becoming a hybrid B2B and B2C organization
• Approaching an annual revenue run rate of nearly $1 billion

Future Outlook

With this new authorization, Infibeam Avenues is poised to strengthen its market position in the offline payments space. The company's strategy of offering a unified digital and offline payment solution aligns well with the growing demand for integrated payment services among Indian merchants.

As the POS device market continues to expand, Infibeam Avenues is well-positioned to capitalize on this growth, potentially driving increased transaction volumes and revenue in the coming years.

This development underscores Infibeam Avenues' commitment to innovation and expansion in the fintech sector, as it continues to build a comprehensive suite of payment solutions for the Indian market.