
AvenuesAI: Final Notice Issued for Partly Paid-up Share Forfeiture
AvenuesAI Ltd has issued a last and final reminder notice to holders of partly paid-up equity shares regarding the outstanding First and Final Call Money of ₹5 per share. This call money, comprising ₹0.50 towards face value and ₹4.50 towards securities premium, was due on shares allotted on July 15, 2025, via a rights issue. The company has previously issued multiple reminders. The Board of Directors, in a meeting on August 11, 2026, approved this final notice. Shareholders are urged to pay the outstanding amount by August 31, 2026, through NEFT/RTGS, Net Banking, or Demand Draft. Failure to comply will result in the forfeiture of the unpaid partly paid shares, as per the Companies Act, 2013, and the company's Articles of Association.
Key Highlights
- Final notice issued for ₹5 call money on partly paid-up shares.
- Payment deadline set for August 31, 2026.
- Non-payment will lead to forfeiture of shares.
- Rights issue shares allotted on July 15, 2025.
Price Impact
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