Infibeam Avenues announced Rights Issue to raise ₹6,99,98,57,230 by issuing partly paid-up shares at ₹10 each. Shareholders will pay ₹5 per share on application. The record date is June 26 with ratio of 67 rights shares for every 267 held. The issue opens July 3, and closes July 11, increasing total shares to 3,48,94,81,069 upon full payment.