Newspaper publication under Regulation 84 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
AVG · price
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AVG Logistics Limited has announced a rights issue of equity shares with face value of ₹10 each, offered at a price including share premium of ₹135 per equity share. The issue aggregates up to ₹5,293.02 lakh and follows a ratio of 8 rights equity shares for every 33 fully paid-up equity shares held by eligible shareholders on the record date. The issue opens on Monday, June 01, 2026, last date for on-market renunciation is June 04, 2026, and the issue closes on Tuesday, June 09, 2026. Promoters Asha Gupta, Sanjay Gupta, and Niti Gupta are participating in the issue with 13,29,090, 5,37,381, and 1,71,400 rights entitlements respectively. Rights equity shares will be allotted only in dematerialized form. Investors can apply through ASBA process.
The rights issue will allow existing shareholders to maintain their ownership percentage by subscribing to new shares, while the company raises capital. Promoter participation signals confidence in the company's prospects.