Infibeam Avenues Limited forms subsidiary in Australia

Infibeam Avenues Limited has incorporated a Wholly Owned Subsidiary, namely Infibeam Avenues Australia Pty Limited in Australia.

Infibeam Avenues Limited is expanding its presence in Australia by incorporating its wholly owned subsidiary i.e. Infibeam Avenues Australia Pty Limited which shall carry out business in the area of online digital payments and fintech services.

The company will focus on Online digital payments system, to operate as a payment processor, to provide services for Mobile point of Sale (mPOS), Near Field Communication (NFC) and contact less card technology business in the area of online payments and non-cash transactions.

Shares of Infibeam Avenues Limited was last trading in BSE at Rs. 14.86 as compared to the previous close of Rs. 14.85. The total number of shares traded during the day was 375691 in over 1049 trades.

The stock hit an intraday high of Rs. 15.14 and intraday low of 14.13. The net turnover during the day was Rs. 5463297.00.

Source : Equity Bulls

Keywords

InfibeamAvenues INE483S01020 Subsidiary Australia