Infibeam Avenues will seek shareholders’ approval for the removal of EY-affiliate S.R.B.C & Co. LLP as one of its joint statutory auditors through a special resolution, in compliance with the order from the Corporate Affairs Ministry.
In May, the company’s board has recommended termination of S.R.B.C & Co. LLP's (Auditor) services as one of the joint statutory auditors on grounds of alleged sharing of unpublished price-sensitive information (UPSI) - a charge that S.R.B.C. had refuted. Last month, the Corporate Affairs Ministry had approved the company’s proposal.
Infibeam Avenues is engaged in providing online retail services.
| Company Name | CMP |
|---|---|
| One97 Communications | 1161.75 |
| AvenuesAI | 15.22 |
| Billionbrains Garage | 198.30 |
| Pine Labs | 193.90 |
| Seshaasai Technologi | 239.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: