AvenuesAI Limited has approved the issuance of a 2nd Reminder cum Forfeiture Notice to holders of Partly Paid-up Equity Shares who have not remitted the First and Final Call Money of ₹5 per share. The payment window is open for 11 days, starting Wednesday, February 25, 2026, and closing on Saturday, March 07, 2026. Failure to pay by this final deadline renders the shares, including previous payments, liable for forfeiture as per the Company’s Articles and the Act.
Notice Regarding Unpaid Equity Call Money
AvenuesAI Limited (formerly Infibeam Avenues Limited) has formally approved the issuance of a 2nd Reminder cum Forfeiture Notice concerning outstanding First and Final Call Money on Partly Paid-up Equity Shares issued via Rights Issue on June 19, 2025.
This notice follows previous communications dated November 10, 2025 (First Call Notice) and January 12, 2026 (First Reminder Notice). The current notice serves as the final opportunity for payment before forfeiture proceedings commence.
Payment Due Details
The outstanding amount due per Partly Paid-up Equity Share is ₹5.00, detailed as ₹0.50 towards Face Value and ₹4.50 towards Securities Premium.
Payment Period Schedule
- Start Date: Wednesday, February 25, 2026
- Last Date: Saturday, March 07, 2026
- Duration: 11 days (both days inclusive)
Shareholders must submit the payment for the full outstanding amount using NEFT / RTGS / Net Banking methods via the provided payment link or through the Application Form accessible on the company and RTA websites.
Consequences of Non-Payment
It is critically important to note that failure to pay the First and Final Call Money on or before the deadline of Saturday, March 07, 2026, will result in the partly paid-up equity shares held by the shareholder, including any amount already paid thereon, becoming liable to be forfeited in accordance with applicable regulations and the Letter of Offer.
The company also stressed the importance of ensuring that Demat Account details, including Email ID and Mobile/Contact Number, are correctly registered and updated for timely communication and seamless credit of shares upon payment.
Source: BSE
