Description

BSE permits trading in 79,26,820 new equity shares of AvenuesAI Ltd. effective February 26, 2026, pursuant to conversion of partly paid shares to fully paid up on rights basis.

Summary

BSE has notified trading members that 79,26,820 new equity shares of AvenuesAI Ltd. (Scrip Code: 539807) are available for trading effective Thursday, February 26, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Re. 1/- each, issued on a rights basis.

Key Points

  • Company: AvenuesAI Ltd. (Scrip Code: 539807)
  • New Securities: 79,26,820 equity shares of Re. 1/- each
  • Nature: Conversion of partly paid shares to fully paid up shares issued on rights basis
  • ISIN: INE483S01020
  • Distinctive Numbers: 4423539 (3471677963 to 3476101501) and 3503281 (3476101627 to 3479604907)
  • Pari-passu: New shares rank equally with existing equity shares of the company
  • Trading Effective From: Thursday, February 26, 2026

Regulatory Changes

No new regulatory changes. This is a standard listing notice under BSE’s listing and trading admission procedures for newly issued securities.

Compliance Requirements

  • Trading members are permitted to trade in the newly listed securities from February 26, 2026 onward.
  • Members should update their systems with the new ISIN (INE483S01020) and distinctive number ranges for settlement and record-keeping purposes.

Important Dates

  • Notice Date: February 25, 2026
  • Trading Commencement Date: February 26, 2026 (Thursday)

Impact Assessment

This listing increases the tradeable equity float of AvenuesAI Ltd. by 79,26,820 shares. As these are rights-converted shares, existing shareholders who exercised their rights will now have fully tradeable securities. The addition is pari-passu with existing shares, so no dilution in rights or entitlements for other shareholders beyond what was already disclosed at the rights issue stage. Impact is limited to participants in AvenuesAI Ltd. and is a routine post-rights-issue administrative step.

Impact Justification

Routine listing of new equity shares from rights issue conversion; affects existing shareholders and traders of AvenuesAI Ltd. but has limited broader market impact.