Announced Mon, 15 Jun · 12:28 IST
Promoter Asha Gupta's stake dilutes to 29.31% post Rights Issue
AVG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹178.40
prior close
₹169.84
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.0+0.1+0.5-4.1-1.1+0.5+2.5+5.7+1.2+14.5+13.7——
Up moveDown movePending
AI summary
Promoter Asha Gupta's stake in AVG Logistics dropped from 36.41% to 29.31% due to a Rights Issue, not from any share sale. Her share count remains unchanged at 54,82,500 shares. The company's paid-up equity capital rose from 1,50,57,720 to 1,87,08,076 shares. Asha Gupta did not subscribe to the Rights Issue, causing passive dilution. Disclosure filed under Reg 29(2) of SEBI (SAST) Regulations.
Likely market impact
Passive dilution of promoter stake from non-participation in Rights Issue; no shares sold, but signals lower promoter commitment to funding growth.