AvenuesAI Sets Oct 13, 2026 as Record Date for 10:1 Equity Consolidation
AvenuesAI Limited has set October 13, 2026, as the record date for its equity share consolidation. The company will consolidate every 10 existing equity shares of Re. 1 face value into 1 equity share of Rs. 10 face value.
Share consolidation can impact stock liquidity and per-share metrics, making it a medium-impact event for investors.
The announcement is a routine corporate action regarding share consolidation and does not inherently carry positive or negative financial implications on its own.
AvenuesAI Limited (formerly Infibeam Avenues Limited) has announced that its Board of Directors, through a circular resolution passed on October 01, 2026, has fixed Tuesday, October 13, 2026, as the Record Date. This date is crucial for determining the eligibility of shareholders to receive consolidated equity shares.
The consolidation involves converting every 10 (Ten) existing Equity Shares of Face Value Re. 1/- each into 1 (One) Equity Share of Face Value Rs. 10/- each, fully paid up. The company has formally notified BSE Limited and the National Stock Exchange of India Limited about this record date for the purpose of this equity consolidation.
The BSE Scrip Code is 539807, and the NSE Symbol is CCAVENUE. The type of security is EQUITY, and the record date is Tuesday, October 13, 2026. The purpose is to determine the eligibility of shareholders for receiving the consolidated equity shares.
What to do with a filing like this
AvenuesAI Limited filed this with the NSE as a statutory disclosure, categorised under stock split. 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.