AVI Polymers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/01/2026 ,inter alia, to consider and approve 1. The brief term of Rights Issue ....
Awaiting price reaction for this filing.
AVI Polymers Ltd has informed BSE that its Board of Directors will meet on Saturday, January 17, 2026, at the registered office in Anand, Gujarat. The key agenda is to consider and approve the terms of a proposed Rights Issue, including the number of equity shares to be offered, issue price, rights entitlement ratio, and terms of payment. The board will also decide the record date and timing of the Rights Issue. Additionally, the trading window for insiders has been closed from January 13, 2026, until 48 hours after the board meeting concludes, as per insider trading regulations.
This is a pre-announcement of a potential capital-raising exercise. Shareholders should watch for the board's decisions on issue price, entitlement ratio, and record date, as a rights issue at a steep discount could be dilutive but also provide an opportunity to increase holdings at a lower price.