AvenuesAI Limited Announces Share Transmission from Deceased Promoter to Legal Heir
AvenuesAI Limited has completed the transmission of 9,44,694 shares from deceased promoter Late Mr. Subhashchandra R. Amin to his legal heir Mr. Vishal Subhashchandra Amin on March 09, 2026. Following this transmission, the deceased member will cease to be part of the promoter group as per SEBI regulations. The updated shareholding pattern will be reflected in the quarter ending March 31, 2026, maintaining transparency in promoter group holdings.

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AvenuesAI Limited , formerly known as Infibeam Avenues Limited, has announced the completion of share transmission from a deceased promoter group member to his legal heir. The company informed both BSE and NSE about this corporate action on March 09, 2026, in compliance with SEBI regulations.
Share Transmission Details
The transmission process involves the transfer of shares from Late Mr. Subhashchandra R. Amin to his legal heir, following the company's earlier intimation dated December 22, 2025. The company has provided specific details about the transmission in accordance with Regulations 30 and 31A of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
| Parameter: | Details |
|---|---|
| Deceased Member: | Late Mr. Subhashchandra R. Amin |
| Legal Heir: | Mr. Vishal Subhashchandra Amin |
| Number of Shares: | 9,44,694 |
| Transmission Date: | March 09, 2026 |
Regulatory Compliance and Impact
In accordance with Regulation 31A(6)(c) of the Listing Regulations, Late Mr. Subhashchandra R. Amin will cease to be part of the promoter group with effect from the transmission date. This regulatory requirement ensures proper maintenance of promoter group records following the transmission of shares to legal heirs.
The company has confirmed that Mr. Vishal Subhashchandra Amin, being the recipient of the transmitted shares, remains a member of the promoter group. This transmission represents an internal transfer within the promoter group structure rather than a change in overall promoter holdings.
Updated Shareholding Pattern
AvenuesAI Limited has indicated that the shareholding pattern for the quarter ending March 31, 2026, will reflect the updated and accurate promoter and promoter group shareholding following this transmission. The company maintains transparency by making these details available on its official website at www.avenuesai.com .
The communication was signed by Shyamal Trivedi, Sr. Vice President & Company Secretary, and has been submitted to both stock exchanges for their records. This transmission completes the legal process initiated in December 2025, ensuring proper succession of shareholding within the promoter group.
Historical Stock Returns for AvenuesAI
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.35% | -10.95% | -23.88% | -11.23% | -12.38% | -39.63% |
































