AvenuesAI: Promoter Group Shuffles Shares; Stake Unchanged at 27.29%

Jayshreeben Ajitbhai Mehta has transferred 30,114,750 equity shares of AvenuesAI Limited to Infinium Motors Private Limited. The off-market transaction, which occurred on March 18, 2026, involves entities within the company's promoter group.

Internal Reallocation Confirms Stable Stake

Both Jayshreeben Ajitbhai Mehta and Infinium Motors Private Limited are recognized as part of AvenuesAI's promoter group. Consequently, the aggregate shareholding of the promoter group remains unchanged at 27.29% of the company's total paid-up share capital.

This deal signifies an internal reallocation of shares among existing promoters. It does not represent a change in the overall control of AvenuesAI by the promoter block, nor does it involve external investors.

Business Context

AvenuesAI Limited operates in the technology and artificial intelligence services sector. Such intra-group promoter transactions are common for listed companies, often involving adjustments in direct holdings by family members or related entities. These moves typically do not impact the company's operational direction or overall control.

Considerations and Future Tracking

While large promoter transactions can sometimes signal liquidity needs or internal disagreements, this specific transfer maintains a stable aggregate holding for the group. No specific risks were highlighted in the filing regarding this transaction.

Investors will continue to monitor AvenuesAI's operational performance and strategic announcements in its AI and IT services business, as well as any future disclosures on promoter shareholding.