Infibeam Avenues Receives Revised CA Certificate for Name Change to AvenuesAI Limited
Infibeam Avenues Limited obtained a revised CA certificate on January 28, 2026, for its proposed name change to AvenuesAI Limited, issued by Patel & Mehta Chartered Accountants. The certificate confirms compliance with SEBI Regulation 45(1) conditions, noting the company's last name change occurred on July 23, 2018. The certification clarifies that AI capabilities are embedded within existing payment aggregator operations rather than representing new business activities, with no changes to the company's core revenue model or business operations.

*this image is generated using AI for illustrative purposes only.
Infibeam avenues Limited has secured a revised CA certificate for its proposed name change to AvenuesAI Limited, fulfilling regulatory requirements under SEBI Listing Regulations. The company submitted the certificate to stock exchanges on January 28, 2026, following NSE's specific request for updated certification.
Regulatory Compliance and Timeline
The revised certificate was issued pursuant to Regulation 30 and Regulation 45 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation dated December 17, 2025, and NSE's letter bearing reference number NSE/LIST/385 dated January 28, 2026, which required the company to obtain revised CA certification for the name change application.
| Parameter | Details |
|---|---|
| Certificate Date | January 28, 2026 |
| Issuing CA Firm | Patel & Mehta Chartered Accountants |
| FRN | 125480W |
| Certifying CA | CA Snehal Thakkar (Membership No.: 118491) |
| UDIN | 26118491JMLXMR2056 |
Name Change History and Compliance
The CA certificate confirms compliance with all applicable conditions under Regulation 45(1) of the SEBI Listing Regulations. A key requirement involves the one-year elapsed period from the last name change, which the company satisfies as its previous name change occurred on July 23, 2018, when it transitioned from Infibeam Incorporation Limited to Infibeam Avenues Limited.
| Regulation 45(1) Condition | Status | Details |
|---|---|---|
| One year elapsed from last change | Complied | Last change: July 23, 2018 |
| 50% revenue from new activity | Not Applicable | No change in business operations |
| Investment in new activity | Not Applicable | No new business activity |
Business Operations and AI Integration
The certification clarifies that there has been no change in the company's business line, nature of operations, or revenue model. The company's AI-enabled Payment Aggregator business, operated under the "Avenues" brand, continues as its core and principal business activity, remaining the primary contributor to total revenue.
According to management representations in the certificate, artificial intelligence is embedded within the company's existing operations, including:
- Core transaction processing systems
- Risk management platforms
- Optimization capabilities
- Service delivery platforms
The CA firm noted that these AI-enabled capabilities do not constitute new business activities but form an integral part of continuing operations. However, the certification includes a scope limitation stating that the examination did not include technical evaluation or independent validation of the company's software systems, algorithms, or AI models.
Certificate Purpose and Restrictions
Patel & Mehta Chartered Accountants issued the certificate specifically for compliance with Regulation 45(3) of the Listing Regulations. The certificate includes a restriction clause stating it should not be used or relied upon for any other purpose without prior written consent from the certifying firm.
The company has made the certificate details available on its website at www.ia.ooo , maintaining transparency with stakeholders regarding the name change process and regulatory compliance.
Historical Stock Returns for AvenuesAI
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.06% | +2.08% | +16.48% | +19.40% | -8.65% | +2.77% |


































