REFILE-BRIEF-Infibeam Avenues Says Osia Hyper Retail Withdraws Proposal To Buy 51% Stake In Infibeam Logistics

  • Reuters
  • Stock Market News
REFILE-BRIEF-Infibeam Avenues Says Osia Hyper Retail Withdraws Proposal To Buy 51% Stake In Infibeam Logistics

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Feb 11 (Reuters) - Infibeam Avenues Ltd IFIB.NS :

* APPROVED ISSUE OF 1 BONUS SHARE FOR EVERY 1 SHARE HELD BY SHAREHOLDERS

* WITHDRAWAL OF PROPOSAL TO BUY 51 % STAKE WITH CONTROL IN INFIBEAM LOGISTICS PVT LTD BY OSIA HYPER RETAIL

* APPROVED TO INVEST IN SO HUM BHARAT DIGITAL PAYMENTS TO BUY 50.50% INSTEAD OF EARLIER APPROVAL OF 33.33%

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