Infibeam Avenues Limited — Others, 16-07-2025: Copy of Newspaper Publication
16-07-2025 | 12:36 pm
16-07-2025 | 12:36 pm
Infibeam Avenues has completed the allotment for its Rights Issue, distributing 69.99 crore partly paid-up equity shares. The issue, which closed on July 11, raised approximately Rs. 699.99 crore at Rs. 10 per share. Investors applied for 97.67 crore shares, with 69.99 crore shares allotted to successful applicants after considering all valid applications. Allotment advice and refund processes were completed on July 15. The company expects listing approval on July 16, with shares credited to demat accounts around the same day. Trading for these partly paid-up shares is set to commence on July 17. This capital infusion supports the company's growth initiatives.
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