The Board of Directors of Infibeam Avenues Limited at its meeting held today has considered and approved to make investment in Vishko22 Products & Services Private Limited ("Vishko22"). Post investment, Vishko22 would become an Associate Company.
The aggregate cost of investment not exceeding Rs. 12.50 Lakhs, to be invested in the Equity Shares of the face value of Rs. 10/- each at par.
Shares of Infibeam Avenues Limited was last trading in BSE at Rs. 14.92 as compared to the previous close of Rs. 15.28. The total number of shares traded during the day was 467581 in over 1032 trades.
The stock hit an intraday high of Rs. 15.35 and intraday low of 14.53. The net turnover during the day was Rs. 6983547.00.