Infibeam Avenues has received approval from board of directors to divest its entire stake in Infibeam Logistics (ILPL), Wholly Owned Subsidiary of the Company. Upon completion of transfer of shares, ILPL will cease to be a subsidiary of the Company. The consideration to be received from such sale is not exceeding Rs 37.50 crore. The Board of Directors at its meeting held on May 26, 2025 has considered and approved the same.
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: