Infibeam Avenues Ltd approved the Unaudited Financial Results for the quarter ended on June 30, 2024, and decided to invest in Rediff.com India Limited, making it a Subsidiary Company with a stake not exceeding 54.10% and a cost of acquisition not exceeding Rs. 25.00 Crores. Details of Rediff.coms turnover, industry, and nature of consideration included in the disclosure.