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AvenuesAI Limited Major Shareholding Notification 2021

Jul 26, 2021

63589_rns_2021-07-26_60aa425f-461b-499a-8457-74e9ed7cc36f.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

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(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

I , Ravi Omprakash Agrawal, (along with PACs) have Changes in holding of equity shares due to sale of shares on 23.07.2021 . After Said transaction final Holding as on 23.07.2021 is Total 8,77,08,687 Equity Shares of INFIBEAM AVENUES LTD (Target Company) representing 6.59% of the total issued and Paid-up Equity Share Capital of the Target Company thru Open Market transactions.

Enclosed are Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in prescribed Format.

Kindly Take the Above information on Record and Acknowledge receipt.

Thanking You,

Yours Faithfully

Ravi Omprakash Agrawal

Place: Mumbai Date: 23.07.2021

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) 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 94885505 7.13% 7.13%
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) 94885505 7.13% 7.13%

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
a)Shares carrying voting rights acquired
(71,76,818) (0.54)% (0.54)%
b)VRs acquired otherwise than by equity shares - - -
c)Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
category) acquired
- - -
d)Shares in the nature of encumbrance (pledge/ lien/
non-disposal undertaking/ others)
- - -
e)Total (a+b+c+/-d) (71,76,818) (0.54)% (0.54)%
After the acquisition, holding of acquirer along with
PACs of:
a)Shares carrying voting rights 8,77,08,687 6.59% 6.59%
b)VRs 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) after acquisition
- - -
d)Shares in the nature of encumbrance (pledge/ lien/
non-disposal undertaking/ others)
- - -
e) Total (a+b+c+d) 8,77,08,687 6.59% 6.59%
Mode of acquisition (e.g. open market / public issue / rights
issue
/
preferential
allotment
/
inter-se
transfer/encumbrance, etc.)

On Market Sales Shares of the Company
Salient features of the securities acquired including time till
redemption, ratio at which it can be converted into equity
shares, etc.
Equity Shares of the Target Company

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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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.

Equity share capital / total voting capital of the TC before the said acquisition

Equity share capital/ total voting capital of the TC after the said acquisition

Total diluted share/voting capital of the TC after the said acquisition

23.07.2021

INR 133,10,53,580/- Divided into 1331053580 Equity Shares of Rs 1/- Each.

INR 133,10,53,580/- Divided into 1331053580 Equity Shares of Rs 1/- Each.

INR 133,10,53,580/- Divided into 1331053580 Equity Shares of Rs 1/- Each.

Ravi Omprakash Agrawal Place: Mumbai Date: 23.07.2021

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