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AvenuesAI Limited Major Shareholding Notification 2021

Oct 18, 2021

63589_rns_2021-10-18_e7855e4b-2318-4122-8b89-503dac5f2d32.pdf

Major Shareholding Notification

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To

1. The Secretary, BSE LTD, Dalal Street, Fort, Mumbai -400001 Email ID: [email protected],[email protected]

2. The Secretary, National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G,Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Email ID : [email protected]

3. The Company Secretary, INFIBEAM AVENUES LTD. Block No. 56, GIFT Two Building, 28th Floor, Road - 5C, Zone - 5, GIFT CITY, Gandhinagar, Gujarat, 382355 Email ID: [email protected]

Sub: Disclosures under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

Please find enclosed disclosures herewith in the specified format relating to sale of 41,38,477 Equity Shares Equity Shares of INFIBEAM AVENUES LTD on 13.10.2021 Pursuant to Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Kindly Take the Above information on Record and Acknowledge receipt.

Thanking You,

Yours Faithfully

Ravi Omprakash Agrawal Place: Mumbai Date: 14.10.2021

Flat No. 1001, 10th Floor, Barberry Building Nahar Amrit Shakti, Chandivali, Andheri (East) Mumbai-400072. Email: [email protected], www.raviagrawal.com

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Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part-A- Details of the Acquisition

Name of the Target Company (TC) Name of the Target Company (TC) ~~INFIBEAM AVENUES LTD.~~ ~~INFIBEAM AVENUES LTD.~~
Name(s) of the acquirer and Persons Acting in Concert
(PAC) with the acquirer
~~Ravi Omprakash Agrawal & PACs~~
Whether the acquirer belongs to Promoter/Promoter group ~~No~~
Name(s) of the Stock Exchange(s) where the shares of TC
are Listed
~~BSE, NSE~~
Details of the acquisition as follows Number % w.r.t. total
share/voting
capital wherever
applicable (*)
% w.r.t. total
diluted
share/voting
capital of the TC
(**)
Before the acquisition under consideration, holding of
acquirer along with PACs of:
~~a)Shares carrying voting rights~~ ~~6,83,46,718~~ ~~5.13%~~ ~~5.13%~~
~~b)Shares in the nature of encumbrance (pledge/ lien/ non-~~
~~disposal undertaking/ others)~~
~~-~~ ~~-~~ ~~-~~
~~c)~~ ~~Voting rights (VR) otherwise than by equity shares~~ ~~-~~ ~~-~~ ~~-~~
d)~~Warrants/convertible securities/any other instrument that~~
~~entitles the acquirer to receive shares carrying voting rights in~~
~~the TC (specify holding in each category)~~
- - -
e)Total (a+b+c+d) 6,83,46,718 5.13% 5.13%

Flat No. 1001, 10th Floor, Barberry Building Nahar Amrit Shakti, Chandivali, Andheri (East) Mumbai-400072. Email: [email protected], www.raviagrawal.com

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Details of~~Acquisition /~~Sale
a)Shares carrying voting rights
Details of~~Acquisition /~~Sale
a)Shares carrying voting rights
~~Acquisition~~/SOLD (41,38477) (0.31)% (0.31)%
~~b)~~ ~~Voting rights (VR) otherwise than by equity shares~~ ~~-~~ ~~-~~ ~~-~~
~~c)Warrants/convertible securities/any other instrument that~~
~~entitles the acquirer to receive shares carrying voting rights in~~
~~the TC (specify holding in each category)~~
~~-~~ ~~-~~ ~~-~~
~~d)Shares in the nature of encumbrance (pledge/ lien/ non-~~
~~disposal undertaking/ others)~~
~~-~~ ~~-~~ ~~-~~
e)Total (a+b+c+/-d) **(41,38477) ** (0.31)% (0.31)%
After the~~Acquisition/~~SALE, holding of acquirer along
with PACs of:
a)Shares carrying voting rights 6,42,08,241 4.82% 4.82%
~~b)~~ ~~Voting rights (VR) otherwise than by equity shares~~ - - -
~~c)Warrants/convertible securities/any other instrument that~~
~~entitles the acquirer to receive shares carrying voting rights in~~
~~the TC (specify holding in each category)~~
~~-~~ ~~-~~ ~~-~~
~~d)Shares in the nature of encumbrance (pledge/ lien/ non-~~
~~disposal undertaking/ others)~~
~~-~~ ~~-~~ ~~-~~
~~e)~~Total (a+b+c+d) ~~6,42,08,241~~ ~~4.82%~~ ~~4.82%~~
Mode of acquisition (e.g. open market / public issue / rights
issue / preferential allotment / inter-se transfer/encumbrance,
etc.)
~~On Market~~
Date of acquisition of/ date of receipt of intimation of
allotment of shares / VR/ warrants/convertible securities/any
other instrument that entitles the acquirer to receive shares in
the TC.
13.10.2021

Flat No. 1001, 10th Floor, Barberry Building Nahar Amrit Shakti, Chandivali, Andheri (East) Mumbai-400072. Email: [email protected], www.raviagrawal.com

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INR 133,10,53,580/- Divided into 1331053580 Equity share capital / total voting capital of the TC before Equity Shares of Rs 1/- Each. the said acquisition INR 133,10,53,580/- Divided into 1331053580 Equity share capital/ total voting capital of the TC after the Equity Shares of Rs 1/- Each. said acquisition INR 133,10,53,580/- Divided into 1331053580 Total diluted share/voting capital of the TC after the said Equity Shares of Rs 1/- Each. acquisition

Ravi Omprakash Agrawal Place: Mumbai Date: 14.10.2021

Flat No. 1001, 10th Floor, Barberry Building Nahar Amrit Shakti, Chandivali, Andheri (East) Mumbai-400072. Email: [email protected], www.raviagrawal.com

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Ravi Omprakash Agrawal Place: Mumbai Date: 14.07.2021

Note:

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.

Flat No. 1001, 10th Floor, Barberry Building Nahar Amrit Shakti, Chandivali, Andheri (East) Mumbai-400072. Email: [email protected], www.raviagrawal.com