AvenuesAI board meeting updates include approving quarterly financial results, increasing investment in Ratnaafin Capital to ₹70 Cr, and the proposed merger of Nueromind Technologies. They also plan a 10-for-1 share consolidation and are convening the AGM on September 29.
AvenuesAI's subsidiary, Avenues World FZ LLC, received in-principle approval for a Retail Payment Services - Category III License from the UAE Central Bank. This strengthens its digital payments position, aiming to accelerate growth, expand reach, and offer innovative payment solutions in UAE.
AvenuesAI's subsidiary, Rediff.com India Limited, has filed its Pre-DRHP for a proposed IPO. This move could potentially lead to Rediff's listing on major exchanges.
