StockWatch
·
Financial Technology (Fintech)
Acquisitions29 May 2026, 02:48 pm

AvenuesAI Acquires Stakes in Three Companies

AI Summary

AvenuesAI Ltd has announced the acquisition of a 7% stake in Online PSB Loans Limited, an investment of up to 2.50% stake in Ratnaafin Capital Private Limited, and the acquisition of the remaining 9.90% stake in its subsidiary, Nueromind Technologies Private Limited, making it a wholly-owned subsidiary. This decision was made during a Board of Directors meeting held on May 29, 2026, where the audited financial results for the quarter and year ended March 31, 2026, were also approved.

Key Highlights

  • AvenuesAI to acquire 7% stake in Online PSB Loans Limited.
  • Investment of up to 2.50% stake in Ratnaafin Capital Private Limited approved.
  • AvenuesAI to acquire remaining 9.90% stake in Nueromind Technologies, making it a wholly-owned subsidiary.
  • Audited financial results for the quarter and year ended March 31, 2026, approved.