AvenuesAI Approves Financials, Acquires 7% in Online PSB Loans, Invests in Ratnaafin
AvenuesAI Limited approved audited financial results for Q4FY26 and FY26. The company also approved acquiring a 7% stake in Online PSB Loans Limited and investing up to 2.5% in Ratnaafin Capital. Additionally, it will acquire the remaining 9.9% stake in its subsidiary, Nueromind Technologies.
The approval of audited financial results, coupled with significant acquisition and investment decisions, is expected to have a substantial impact on the company's strategic direction and financial performance.
The company reported audited financial results and approved strategic acquisitions and investments, indicating positive business development and growth initiatives.
AvenuesAI Limited (formerly Infibeam Avenues Limited) announced the outcome of its Board Meeting held on May 29, 2026. The Board considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, along with the unmodified audit reports from the Statutory Auditors.
In addition to the financial results, the Board approved several strategic acquisitions and investments. They approved the acquisition of a 7.00% stake in Online PSB Loans Limited from existing shareholders. Furthermore, the company approved an investment of not exceeding 2.50% stake in Ratnaafin Capital Private Limited.
The Board also approved the acquisition of the balance 9.90% stake in Nueromind Technologies Private Limited, a subsidiary, which will make Nueromind a wholly-owned subsidiary post-acquisition. The Board Meeting commenced at 11:30 a.m. and concluded at 02:25 p.m.
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AvenuesAI Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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