Infibeam Avenues Limited — Board Meeting, 06-03-2025: Outcome of Board Meeting

The Board of Directors of Infibeam Avenues Limited has approved several key actions during their recent meeting. Ms. Girija Krishan Varma has been appointed as an Additional Non-Executive and Independent Director for a term of five years, subject to shareholder approval. Additionally, the company has decided to divest its entire 49% stake in Pirimid Technologies Limited to its subsidiary, Rediff.com India Limited, for a consideration not exceeding ₹27 Crores. The Board also approved the Postal Ballot Notice to be sent to shareholders for upcoming decisions.