Deferment of Board Meeting scheduled to be held on Monday April 06, 2026
AVG · price
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AVG Logistics Ltd has deferred its Board meeting originally scheduled for April 6, 2026. The meeting was intended to consider a proposal for fund raising through issuance of equity shares or other securities via Rights Issue, Private Placement, Preferential issue, or other permissible modes. The company cited that preparatory and procedural requirements, including compilation of information, documents, and regulatory compliances, are still under process. The Board will consider the fundraising proposal at a later date once preparations are complete.
The deferment is procedural in nature and does not indicate cancellation of the fundraising plan. Shareholders should expect a new board meeting date to be announced soon, with the actual fundraising exercise still on the cards.