Infibeam Avenues on Saturday assured shareholders that the firm was looking into Friday’s 70 per cent erosion in share prices, at the company’s annual general meeting (AGM) here.
Infibeam Managing Director Vishal Mehta made the statement at the beginning of his presentation. The topic did not come up for discussion later. Instead, the AGM stuck to its agenda on regular matters of appointments and reappointments of directors, apart from seeking approval for raising the authorised capital to Rs 900 million from Rs 680 million.
According to people who attended the AGM, shareholders, too, refrained from raising questions over
Infibeam Managing Director Vishal Mehta made the statement at the beginning of his presentation. The topic did not come up for discussion later. Instead, the AGM stuck to its agenda on regular matters of appointments and reappointments of directors, apart from seeking approval for raising the authorised capital to Rs 900 million from Rs 680 million.
According to people who attended the AGM, shareholders, too, refrained from raising questions over

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