Infibeam Avenues Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

Infibeam Avenues' Board approved Q1 FY26 consolidated financial results, showcasing strong performance. Gross Revenue surged 72% YoY to ₹1,280.2 Cr, with Adjusted PAT up 70% YoY to ₹85.5 Cr. In a strategic move, the company will transfer its Platform Business to subsidiary Rediff.com for ₹800.39 Cr, boosting its stake in Rediff.com to over 82%. To support growth, the Authorized Share Capital will double from ₹350 Cr to ₹700 Cr, along with a new investment of up to ₹88 Cr in Rediff.com. The company is set to hold its 15th AGM on September 29, 2025.