Description

BSE permits trading in 79,26,820 new equity shares of AvenuesAI Ltd. (Scrip Code: 539807) effective February 26, 2026, arising from 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 permitted for trading with effect from Thursday, February 26, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Re. 1/- each, originally issued on a rights basis.

Key Points

  • Company: AvenuesAI Ltd. (Scrip Code: 539807)
  • Number of New Shares: 79,26,820 equity shares of Re. 1/- each
  • Nature: Conversion of partly paid shares to fully paid up, issued on rights basis
  • ISIN: INE483S01020
  • Distinctive Numbers:
    • Series 4423539: 3471677963 to 3476101501
    • Series 3503281: 3476101627 to 3479604907
  • Newly listed shares are pari-passu with existing equity shares of the company

Regulatory Changes

No new regulatory changes. This is a procedural listing notice issued under standard BSE listing obligations following the conversion of partly paid rights shares.

Compliance Requirements

  • Trading members are hereby authorized and permitted to trade in the newly listed securities effective February 26, 2026.
  • No additional compliance action is required from trading members beyond standard trading procedures.

Important Dates

  • Circular Date: February 25, 2026
  • Trading Commencement Date: Thursday, February 26, 2026

Impact Assessment

This is a routine corporate action involving the addition of 79,26,820 equity shares to the tradable float of AvenuesAI Ltd. following conversion of partly paid rights shares. The new shares rank pari-passu with existing shares, meaning no differential rights are created. The supply of tradable shares in the company increases modestly, which may have a minor dilutive effect on existing shareholders. Overall market impact is low and confined to participants holding or trading AvenuesAI Ltd. securities.

Impact Justification

Routine listing notice for new equity shares arising from conversion of partly paid rights shares to fully paid up; limited market-wide impact as it concerns a single company's internal share conversion.