AvenuesAI Limited (formerly Infibeam Avenues Limited) announced that its Rights Issue Committee will convene on Thursday, February 19, 2026. The primary agenda item is to consider, discuss, and approve the 2nd Reminder cum Forfeiture Notice concerning outstanding Call Money payments on Partly Paid-up Equity Shares issued under the Rights Issue. The notice will be issued to shareholders who have yet to clear their dues following previous reminders.
Corporate Action: Rights Issue Call Money Notice
AvenuesAI Limited has formally notified stock exchanges regarding an upcoming meeting of its Rights Issue Committee. The meeting is scheduled to take place on Thursday, February 19, 2026. This announcement adheres to disclosure requirements governing listed entities.
Agenda Focus: Forfeiture Approval
The core purpose of the committee meeting will be to review and formally approve the 2nd Reminder cum Forfeiture Notice. This critical document pertains to shareholders who still have outstanding Call Money balances due on their Partly Paid-up Equity Shares issued during the company’s recent Rights Issue.
The committee is expected to discuss and sanction the issuance of this final notice, which serves as the last opportunity for the concerned shareholders to remit the outstanding amounts before their shares face potential forfeiture as per the terms of the Rights Issue allotment.
Company Details
AvenuesAI Limited, previously known as Infibeam Avenues Limited, operates under the Company Code No.: 539807 on the BSE and the Company Symbol: CCAVENUE on the NSE. The company confirmed that this intimation is available on its official website.
Source: BSE
