Dispatch of Rights Issue Material Letter of offer, Application Form and Rights Entitlements Letter etc to the eligible shareholders
AVG · price
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AVG Logistics Ltd has completed dispatch of the Letter of Offer, Application Form and Rights Entitlement Letters to its eligible equity shareholders on May 25, 2026. The rights issue received in-principle approval from both BSE and NSE on May 12, 2026. The record date for determining eligible shareholders was May 21, 2026. The dispatch has been undertaken in compliance with applicable SEBI regulations. The specific size and pricing of the rights issue have not been disclosed in this filing.
This marks a key operational milestone in the rights issue process, bringing the company closer to actual capital raise. Shareholders on record as of May 21, 2026 are now able to subscribe to additional equity shares, though the impact on stock price will depend on the issue size and subscription price once formally announced.