Infibeam Avenues Schedules Rights Issue Committee Meeting for First and Final Call

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

Infibeam Avenues Limited has announced a Rights Issue Committee meeting on November 10, 2025, to discuss the first and final call for its ongoing rights issue. The meeting will determine the record date for partly paid-up equity shareholders to receive call notices. The trading window for company securities is closed from October 1 to November 17, 2025, in compliance with SEBI regulations. This meeting is crucial for shareholders as it will decide on the amount and timing of the call payment.

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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.

Historical Stock Returns for Infibeam Avenues

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Infibeam Avenues Secures RBI's Initial Nod for Prepaid Payment Tools

1 min read     Updated on 28 Oct 2025, 03:13 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Infibeam Avenues has obtained in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007. This allows the company to expand into prepaid payment services, including digital wallets and prepaid cards. Additionally, its subsidiary, IA Fintech IFSC Private Limited, received approval from IFSCA to act as a Payment Service Provider in GIFT-IFSC, offering escrow, cross-border money transfer, and merchant acquisition services. Both approvals are initial, requiring further regulatory compliance for final licenses.

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

Infibeam Avenues , a leading fintech company, has taken a significant step forward in expanding its financial services portfolio. The company recently received initial approval from the Reserve Bank of India (RBI) to operate prepaid payment instruments under payment regulations.

RBI Approval Details

The Reserve Bank of India has granted in-principle approval to Infibeam Avenues for the issuance of Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007. This regulatory green light allows the company to venture into the prepaid payment space, subject to compliance with RBI guidelines.

Implications for Infibeam Avenues

This approval marks a crucial milestone for Infibeam Avenues, potentially broadening its financial service offerings. The company can now proceed with preparations to issue various forms of prepaid payment instruments, which may include digital wallets, prepaid cards, and other similar financial products.

Additional Regulatory Developments

In a related development, Infibeam Avenues' wholly-owned subsidiary, IA Fintech IFSC Private Limited, has also received in-principle approval from the International Financial Services Centres Authority (IFSCA) to act as a Payment Service Provider (PSP) in GIFT-IFSC. This approval allows IA Fintech to offer the following services:

  1. Escrow Service
  2. Cross Border Money Transfer Service
  3. Merchant Acquisition Service

Regulatory Compliance and Next Steps

While these approvals are significant, it's important to note that they are initial in nature. Infibeam Avenues will need to fulfill additional regulatory requirements and submit necessary documentation to secure final licenses. The company is expected to work closely with the regulatory bodies to ensure full compliance and successful launch of these new financial services.

As the fintech landscape continues to evolve, Infibeam Avenues' latest regulatory approvals position it to potentially capture new market opportunities in the digital payments and financial services sector. However, the company's success in these new ventures will depend on its ability to navigate the regulatory environment and effectively implement these new services.

Historical Stock Returns for Infibeam Avenues

1 Day5 Days1 Month6 Months1 Year5 Years
-0.93%+0.10%+11.14%+23.15%-23.08%+10.75%
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