Mumbai: Infibeam Avenues Limited has announced a rights issue of its equity shares. This means existing shareholders will get a chance to buy more shares at a special price.
The company has fixed June 26, 2025, as the record date for this offer. Anyone holding shares of Infibeam Avenues on this date will be eligible to apply for the rights issue.
The offer is for 67 equity shares (face value of Re.1 each) for every 267 shares already held by a shareholder. The issue price has been fixed at Rs.10 per share, which includes a premium of Rs.9.
The payment will be made in two parts:
Rs.5 per share is to be paid when applying
Rs.5 per share will be paid later, at the time of the final call
Trading in the shares will be on an ex-rights basis starting from June 26, 2025, as per settlement number DR-660/2025-2026.
Shareholders who wish to take part in the rights issue must ensure they hold shares before the ex-rights date.
