AvenuesAI Ltd Approves Rights Issue Object Variation & Merger Scheme

AvenuesAI Ltd's Board of Directors approved a variation in the objects of its Rights Issue, subject to shareholder and regulatory approvals. The company also approved a scheme of amalgamation for its wholly-owned subsidiary, Nueromind Technologies Private Limited, to merge with AvenuesAI. Additionally, the board approved an increase in investment limit for acquiring a stake in Ratnaafin Capital Private Limited and a consolidation of equity shares, pending shareholder consent. Unaudited financial results for Q1 FY27 were also considered.