AVI Polymers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 ,inter alia, to consider and approve Pursuant to Regulation 29(1) of ....
Awaiting price reaction for this filing.
AVI Polymers Ltd has informed BSE that its Board of Directors will meet on Thursday, February 5, 2026, at the registered office. The board will consider and approve the terms of a proposed Rights Issue, including the number of equity shares to be offered, the issue price per share, the rights entitlement ratio, and terms of payment. It will also fix the record date and timing for the Rights Issue along with related matters. The trading window for designated persons has been closed from February 2, 2026 until 48 hours after the board meeting concludes.
Shareholders should expect a potential equity dilution event as the company plans to raise capital through a rights issue; key details like issue price, entitlement ratio, and discount to current market price will be known only after the February 5 meeting.