BSEAvasara Finance LtdMinimalNeutral
Announced Tue, 6 Jan · 15:02 IST

As per subject captioned and earlier intimations regarding Right issue and record date, please find attached Newspaper advertisement published today i.e. 06/01/2026 in compliance with 84(1) ....

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Avasara Finance Limited has published newspaper advertisements for its Rights Issue in compliance with SEBI ICDR Regulation 84(1). The company is offering up to 1,00,01,800 fully paid-up equity shares at ₹10 per share (face value ₹10, no premium), aggregating to ₹1,000.18 lakhs (approximately ₹10 crore). The ratio is 2 Rights Equity Shares for every 1 share held, with the record date set as January 1, 2026. The issue opens on January 19, 2026, and closes on January 14, 2026 (per the LOF, with submission deadline January 19, 2026). Promoter Jupiter Capital Private Limited will subscribe to its full entitlement and any unsubscribed portion. Advertisements were published on January 6, 2026, in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi).

Likely market impact

Existing shareholders as of the record date will get the right to buy 2 new shares for every 1 held at ₹10 each. The promoter has committed to subscribing to its full entitlement plus any unsubscribed portion, reducing dilution risk. The issue price equals face value, so no premium is being charged — shareholders should evaluate whether to subscribe, renounce, or sell rights entitlements before the January 14, 2026 renunciation deadline.