AvenuesAI Increases Ratnaafin Investment Limit to ₹70 Cr

AvenuesAI Ltd announced board approval to increase its investment limit in Ratnaafin Capital Private Limited from ₹66 Crores to ₹70 Crores for acquiring up to 2.50% stake. The company also approved a Scheme of Amalgamation for its wholly-owned subsidiary Nueromind Technologies Private Limited with AvenuesAI, subject to NCLT and other regulatory approvals. Additionally, the board approved variations in the objects of a Rights Issue and a consolidation of equity shares (10:1), pending shareholder and regulatory approvals. The board also approved the convening of the 16th Annual General Meeting on September 29, 2026.