Infibeam Avenues Limited — Board Meeting, 09-05-2025: Outcome of Board Meeting
09-05-2025 | 12:50 pm
09-05-2025 | 12:50 pm
Infibeam Avenues has announced a board meeting that approved raising up to Rs 700 Cr through a rights issue to boost its capital base. A Rights Issue Committee will work out the details and timing. The board also tightened insider trading norms with an updated Code of Conduct effective June 10. The company’s registered office postal PIN has changed to 382050. This fundraise points to plans for growth or debt reduction—investors should watch for potential effects on shareholding and expansion.
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