AvenuesAI Issues Last Reminder for First and Final Call Money on Partly Paid-up Equity Shares
AvenuesAI Limited has issued a Last and Final Reminder cum Forfeiture Notice to the holders of Partly Paid-up Equity Shares that were allotted through its Rights Issue. The notice pertains to the payment of the First and Final Call Money amounting to ₹ 5 per share, which remains unpaid.The company informed shareholders that the Board of Directors, during a meeting held on August 11, 2026, approved the issuance of this final reminder regarding the outstanding amount. This call money relates to shares allotted on July 15, 2025, based on the Letter of Offer dated June 19, 2025.
The company noted that it had previously issued a First and Final Call Money Notice on November 10, 2025, along with two subsequent reminders cum forfeiture notices dated January 12, 2026, and February 19, 2026, to the holders of the shares.
The Last and Final Reminder serves as the ultimate opportunity for shareholders to remit the call money. Shareholders are advised that failure to pay the First and Final Call Money by the stipulated deadline will result in the forfeiture of the unpaid Partly Paid-up Equity Shares, along with any amount already paid thereon.
Key details regarding the outstanding payment are provided below:
| Financial Details | Specification |
|---|---|
| Total Amount Due per Share | ₹ 5/- |
| Face Value component | ₹ 0.50/- |
| Securities Premium component | ₹ 4.50/- |
| Payment Start Date | August 17, 2026 |
| Payment Last Date | August 31, 2026 |
The company has outlined multiple modes of payment for eligible shareholders. These include NEFT / RTGS, Net Banking, and Demand Draft (DD). A payment link is also available for online transactions.
Payment instructions stipulate that the amount due must be paid in full; no part payment will be accepted, as partial payments would be treated as non-payment. The notice emphasized that all correspondence related to this matter should adhere strictly to the provided details and timelines.
CCAVENUE Stock Price Movement
Shares of AvenuesAI Limited shed value today, slipping by 6.33% to settle at ₹16.43 as the market closed. The stock saw heavy activity in the post-market session, trading with a volume of 20.13 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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