QIP/Rights/Pref.Committee Meeting Updates

AvenuesAI Limited has successfully converted 10,68,411 partly paid-up equity shares into fully paid-up shares following the receipt of the final call money.

AvenuesAI LimitedCCAVENUE · Filed with the exchange

Concurrently, the company has forfeited 69,43,139 partly paid-up equity shares due to the non-payment of the first and final call money by shareholders, despite multiple reminders and extended deadlines.

This capital restructuring cleans up the remaining rights issue allotments, finalizing the share capital structure and providing clear metrics for equity holders tracking the company's progress.

Read the original filing(PDF)

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