Infibeam Avenues Sets Rights Entitlement at 67-for-267—₹700 Cr Issue to Drive Fintech Growth

Infibeam Avenues Ltd. has completed the rights entitlement ratio of rights at 67 shares for every 267 fully paid-up equity shares as part of its forthcoming ₹700 crore rights issue. The step has been taken to shore up the company's capital base to finance strategic investments in its fintech and digital infrastructure business.

 

The Rights Issue Committee met on June 19, 2025, to approve the entitlement ratio, the pricing and record date to be announced in due course. The proceeds will be used to finance Infibeam's subsidiaries, Rediff.com, Nueromind Technologies, and Infibeam Projects Management, for AI, UPI, and e-commerce platforms.

 

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Listing: BSE and NSE

Source: IPO Watch – Infibeam Rights Issue Details | Share Price Reaction | IPO Central – Rights Offer Objectives