Deferment of Board Meeting Scheduled to be held on Monday, May 04, 2026
AVG · price
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AVG Logistics Ltd has deferred its Board Meeting that was originally scheduled for May 04, 2026. The meeting was meant to consider and approve matters related to a proposed Rights Issue, including fixing the record date, issue price, and entitlement ratio. The deferment happened because the Draft Letter of Offer (DLOF) is still under review by the Stock Exchanges. The company will now take up these approvals at the earliest once it receives In-principle Approval from the exchanges.
The rights issue process is delayed but not cancelled. Shareholders should monitor for the new meeting date and eventual rights issue announcement, which could be dilutive to existing holdings.