Announced Mon, 15 Jun · 12:27 IST
Promoter Sanjay Gupta's stake diluted to 11.85% via Rights Issue (no shares sold)
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
-0.2-0.1+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 Sanjay Gupta's shareholding in AVG Logistics fell from 14.72% to 11.85% due to a Rights Issue that increased the company's paid-up equity capital from 1,50,57,720 to 1,87,08,076 shares. Gupta did not buy or sell any shares — he continues to hold 22,16,700 shares. The dilution occurred because he did not subscribe to the Rights Issue. Disclosure filed under Reg 29(2) of SEBI SAST Regulations as the change crossed the prescribed threshold.
Likely market impact
Passive dilution, not a sell-off. Promoter skipped the rights issue, which may raise governance or confidence concerns among retail investors.