Description

Infibeam Avenues Ltd. to list 68.06 crore equity shares arising from conversion of partly paid shares to fully paid shares on December 29, 2025.

Summary

BSE has authorized trading in 68,06,08,792 new equity shares of Infibeam Avenues Ltd. (Scrip Code: 539807) with effect from December 29, 2025. These shares arise from the conversion of partly paid shares to fully paid-up shares of Rs. 1/- each that were originally issued on a rights basis. The new shares will be pari-passu with existing equity shares.

Key Points

  • Total new shares being listed: 68,06,08,792 equity shares
  • Face value: Rs. 1/- per share
  • Origin: Conversion of partly paid shares to fully paid shares from rights issue
  • Trading commencement date: December 29, 2025 (Monday)
  • ISIN: INE483S01020
  • Scrip Code: 539807
  • Distinctive number ranges: 2789495347 to 3001101918 and 3001114078 to 3470116297
  • Status: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification following corporate action completion.

Compliance Requirements

  • Trading members are permitted to trade in these new securities from December 29, 2025
  • Members should update their systems to recognize the expanded share capital and new distinctive number ranges
  • Normal trading rules and regulations apply to these shares

Important Dates

  • Notice Date: December 26, 2025
  • Trading Commencement: December 29, 2025

Impact Assessment

The listing of 68.06 crore additional shares represents a significant increase in Infibeam Avenues’ equity base. This conversion from partly paid to fully paid shares:

  • Increases tradable float and potentially improves liquidity
  • May cause temporary dilution impact on existing shareholders
  • Brings additional paid-up capital to the company from rights issue subscribers completing payment
  • No immediate price impact expected as this was anticipated corporate action from an existing rights issue
  • Investors should monitor trading volumes and price movements post-listing on December 29, 2025

Impact Justification

Significant number of shares being converted and listed (68.06 crore shares) which may impact stock liquidity and dilution. However, this is completion of an existing rights issue process rather than new capital raising, limiting immediate market impact.