Key Quantitative Figures

The unpaid call amount is ₹5 per partly paid-up equity share, comprising ₹0.50 towards face value and ₹4.50 towards securities premium. The company had previously issued a First and Final Call Money Notice on November 10, 2025, a 1st Reminder cum Forfeiture Notice on January 12, 2026, and a 2nd Reminder cum Forfeiture Notice on February 19, 2026.

Dates of Action

The Board of Directors approved this final notice at their meeting held on August 11, 2026. The payment period runs from Monday, August 17, 2026 to Monday, August 31, 2026 (both days inclusive), representing a 15-day window for payment.

Parties Involved

The notice is addressed to shareholders holding partly paid-up equity shares through their DP ID - Client ID. Alankit Assignments Limited serves as the Registrar to an Issue and Share Transfer Agent (RTA). Mr. Shyamal Trivedi, Sr. Vice President & Company Secretary, is the designated contact person and signatory.

Purpose and Rationale

The purpose is to provide one last opportunity for shareholders to pay the outstanding call money before the company proceeds with forfeiture of the unpaid partly paid-up shares, including any amounts already paid on them.

Financial Impact

Failure to pay the ₹5 per share call money by August 31, 2026 will result in forfeiture of the partly paid-up equity shares along with any amounts already paid on them. The company specifies that part payments may be considered for conversion of a proportionate number of equity shares to fully paid-up status at the Board's discretion.

Payment Instructions

Payment methods accepted: NEFT/RTGS, net banking, or demand draft payable to "AVENUESAI LIMITED - RIGHTS ISSUE CALL MONEY ACCOUNT". Demand drafts must be drawn payable at Gift City and accompanied by a completed payment slip. Cheques, post-dated cheques, money orders, postal orders, and cash payments are not accepted. Payments must be made from the shareholder's own bank account - third-party payments will be rejected.

Additional Requirements

Shareholders must ensure their demat accounts are active, compliant, and have correct email IDs and mobile/contact numbers registered. PAN must be verified and linked with Aadhaar as per CBDT notifications.

Documentation

The complete notice with detailed instructions and payment slip is available on the company website (www.avenuesai.com) and RTA website (https://rights.alankit.com/).

#Tags: #AvenuesAI #RightsIssue #SEBIDisclosure #RegulatoryCompliance #CorporateAction #Negative