We refer to the intimations made earlier by the Company vide its captioned letters: dated May 12, 2026, wherein the Company had informed that the Board Meeting of the Company is scheduled ....
AVG · price
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On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.5 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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AVG Logistics Ltd has finalised the terms for a Rights Issue of fully paid-up Equity Shares. The company will issue up to 36,50,356 shares at ₹145 per share (including ₹135 premium), raising up to ₹5,293.02 Lakhs. Existing shareholders on the record date of May 21, 2026 will receive 8 rights shares for every 33 shares held (8:33 ratio). The issue opens June 1, 2026 and closes June 9, 2026. Post-issue, total outstanding shares will increase from 1.51 crore to 1.87 crore assuming full subscription.
The Rights Issue will dilute existing shareholding by approximately 24.2%. The issue price of ₹145 represents a discount to likely market price, making it attractive for shareholders who can participate. Funds raised will be used as per the Letter of Offer yet to be detailed.