Infibeam Avenues allots 6111 crore equity shares

9 Mar 2022 , 01:33 AM

Infibeam Avenues has allotted 6111111 equity shares of face value of Re 1 each fully paid up on a preferential basis to Season Two Ventures Fund I LP at an issue price of Rs 45 per equity share including a premium of Rs 44 per equity share aggregating up to Rs 2750 crore for consideration other than cash With the allotment of the above shares the paid up share capital of the Company stands increased from 1332044120 equity shares of face value of Re 1 each to 1338155231 equity shares of face value of Re 1 each