Corporate Action1 Oct 2026, 06:00 pm
AvenuesAI Ltd Fixes Record Date for Equity Share Consolidation
AI Summary
AvenuesAI Ltd has announced Tuesday, October 13, 2026, as the record date for the consolidation of its equity shares. The company's Board of Directors, through a circular resolution passed on October 01, 2026, approved the consolidation ratio. Existing shareholders will receive 1 (One) Equity Share of Face Value of Rs. 10/- for every 10 (Ten) Equity Shares of Face Value of Re. 1/- each. This corporate action aims to streamline the company's capital structure.
Key Highlights
- Record date set for October 13, 2026, for share consolidation.
- Consolidation ratio: 10 existing shares for 1 new share.
- New shares will have a face value of Rs. 10/-.
- Purpose is to determine eligible shareholders for consolidated shares.
Price Impact
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