Infibeam Avenues Ltd

AvenuesAI Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from Wednesday, July 01, 2026, until 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The exact date for the announcement of these financial results will be communicated later. The company has also made this information available on its website.

AvenuesAI Ltd announced that its step-down subsidiary, Avenues World FZ LLC, has received in-principle approval from the Central Bank of the UAE (CBUAE) for a Retail Payment Services - Category III License. This approval is expected to bolster the subsidiary's position in the UAE's digital payments ecosystem, enabling business growth, expanded customer reach, and the introduction of innovative payment solutions. Avenues World, a long-standing player in UAE digital payments since 2015, aims to enhance cashless transactions and the e-commerce landscape, creating long-term value and supporting sustainable growth for the company.

AvenuesAI Ltd (formerly Infibeam Avenues Limited) reports no deviation or variation in the utilization of funds raised through its Rights Issue for the quarter ended March 31, 2026. The funds, raised on July 15, 2025, were intended for specific objects outlined in the Letter of Offer dated June 19, 2025. The Audit Committee reviewed and the Board of Directors approved the statement on May 29, 2026. The Rights Issue raised ₹69,998.57 Lakhs.

AvenuesAI Ltd (formerly Infibeam Avenues Limited) reports no deviation or variation in the utilization of funds raised through its Rights Issue of Equity Shares, as stated in the Letter of Offer dated June 19, 2025, for the quarter ended March 31, 2026. The funds raised amounted to ₹69,998.57 Lakhs. This statement, reviewed by the Audit Committee and approved by the Board of Directors on May 29, 2026, confirms adherence to the original objectives outlined for the Rights Issue proceeds.

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.

AvenuesAI Ltd has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 29, 2026. The company also approved the acquisition of stakes in Online PSB Loans Limited, Ratnaafin Capital Private Limited and Nueromind Technologies Private Limited.

AvenuesAI Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the acquisition of a 7% stake in Online PSB Loans Limited, an investment of up to 2.5% in Ratnaafin Capital Private Limited, and the acquisition of the remaining 9.90% stake in Nueromind Technologies Private Limited, making it a wholly-owned subsidiary.

AvenuesAI Ltd has announced a Board of Directors meeting scheduled for May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window has been closed from April 1, 2026, to June 2, 2026, due to SEBI regulations.

AvenuesAI Ltd's monitoring agency report by CARE Ratings for the quarter ended March 31, 2026, indicates no deviation in the utilization of proceeds from the company's Rights Issue. The ₹699.99 crore Rights Issue was monitored as per SEBI regulations, with the report confirming adherence to the intended use of funds. The details are available on the company's website.

AvenuesAI Ltd announced that its subsidiary, Rediff.com India Limited, has filed a Pre-Filed Draft Red Herring Prospectus (Pre-DRHP) with the Securities and Exchange Board of India, the BSE Limited, and the National Stock Exchange of India Limited. This filing is in relation to the proposed initial public offering of Rediff's Equity Shares under Chapter IIA of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The IPO is expected to be listed on the main board of the BSE Limited and the National Stock Exchange of India Limited. However, the filing does not guarantee that Rediff will undertake the initial public offering. AvenuesAI will provide further details and make disclosures as and when there are material developments, in accordance with applicable laws.