AvenuesAI: 2nd Reminder for Partly Paid-Up Share Call Money Due by March 7, 2026
AvenuesAI Limited issued a 2nd reminder cum forfeiture notice for partly paid-up equity shares. The payment period for the first and final call money of ₹5 per share is from February 25, 2026, to March 7, 2026. Failure to pay by March 7 will lead to forfeiture of shares.
This is a critical step in the rights issue process. Failure to pay by the deadline will result in forfeiture of shares, which could impact a subset of shareholders and the company's equity structure. The outcome of this call money collection is material for the company's capital raising efforts.
The announcement is a procedural reminder regarding outstanding call money on partly paid-up shares. It does not contain new financial performance data or significant strategic changes that would immediately impact the sentiment.
AvenuesAI Limited has issued a second reminder and forfeiture notice to holders of its partly paid-up equity shares who have not yet paid the first and final call money. The Rights Issue Committee of the company approved this notice during a meeting held on February 19, 2026.
The payment period for the outstanding call money, which is ₹5 per share (comprising ₹0.50 towards Face Value and ₹4.50 towards Securities Premium), is from Wednesday, February 25, 2026, to Saturday, March 07, 2026, inclusive. Shareholders are instructed to make the full payment via NEFT/RTGS or Net Banking. Failure to pay within the specified period will result in the forfeiture of the partly paid-up equity shares and any amount already paid.
Detailed instructions and the application form are available on the company's website (www.avenuesai.com) and the Registrar and Transfer Agent's website (https://rights.alankit.com/). Shareholders are advised to ensure their Demat account details are active and updated for seamless communication.
What to do with a filing like this
AvenuesAI Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by AvenuesAI Limited. Read the original for the full detail.