Please find enclosed soft copy of Letter of offer dated May 18, 2026 ("Letter of Offer") which was approved by Rights Issue Committee of Board of Directors of the Company. The Company is ....
AVG · price
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AVG Logistics Ltd is launching a rights issue of up to 36,50,356 fully paid-up equity shares at ₹145 per share (including ₹135 premium), aggregating up to ₹5,293.02 Lakhs. The issue is being offered in the ratio of 8 rights shares for every 33 shares held, with record date set for May 21, 2026. The Rights Issue Committee of the Board approved the Letter of Offer dated May 18, 2026. The issue opens on June 1, 2026 and closes on June 9, 2026. In-principle listing approvals have been received from both BSE and NSE for the new shares.
Existing shareholders can purchase additional shares at ₹145 each (face value ₹10). Dilution will occur for those who do not participate. The company will receive up to ₹52.93 crore from this capital raise.