Description

Listing of 68,06,08,792 equity shares of Infibeam Avenues Ltd. pursuant to conversion of partly paid shares to fully paid up shares of Rs. 1/- each issued on rights basis, effective December 29, 2025.

Summary

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

Key Points

  • Total new securities being listed: 68,06,08,792 equity shares
  • Securities arise from conversion of partly paid shares to fully paid up shares
  • Face value: Rs. 1/- per share
  • Original issuance: Rights basis
  • Scrip Code: 539807
  • ISIN: INE483S01020
  • Status: Pari-passu with existing equity shares
  • Two tranches with distinctive numbers: 21,16,06,572 shares (DN: 2789495347 to 3001101918) and 46,90,02,220 shares (DN: 3001114078 to 3470116297)

Regulatory Changes

No regulatory changes. This is a routine listing circular for new securities arising from corporate action.

Compliance Requirements

  • Trading members are permitted to trade in these new securities
  • No additional compliance requirements specified for members
  • Standard trading rules and regulations applicable

Important Dates

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

Impact Assessment

Market Impact: The listing of over 68 crore equity shares represents a significant addition to the free float of Infibeam Avenues Ltd. This substantial increase in share count may impact:

  • Liquidity: Increased number of shares available for trading
  • Market Capitalization: Proportional increase based on current market price
  • Shareholding Pattern: Dilution for existing shareholders who did not participate in the rights issue
  • Price Discovery: Potential short-term volatility as market absorbs the increased supply

Operational Impact: Minimal operational impact on trading members as this is a routine listing of converted shares. The shares being pari-passu means they carry identical rights and privileges as existing shares.

Impact Justification

Routine listing of converted shares from rights issue. Medium impact due to substantial number of shares (68 crore+) being listed, which may affect liquidity and market capitalization.