Commodity trader Ravi Agrawal along with others have raised equity stake in Infibeam Avenues to 9.05 percent on August 19, 2020.

Agrawal, along with persons acting in concert have acquired additional equity shares of 3,76,109 resulting in an acquisition of total 6,00,60,010 representing 9.05 percent of the total paid-up equity capital of Infibeam) as of August 23, 2020, Infibeam said in a BSE filing.

As a result, their shareholding in digital payment and e-commerce technology Platform Company has increased from 7.11 percent to 9.5 percent.

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