AVRO INDIA LIMITED has informed the Exchange about Options to purchase securities
AVROIND · price
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Avro India Limited has informed the exchanges that its wholly owned subsidiary, Avro Recycling Limited, allotted 82,83,789 equity shares to the parent company at Rs. 48 per share, totaling approximately Rs. 39.76 crore. This allotment was done through a rights issue and follows an investment commitment disclosed on August 30, 2025. The move is essentially a capital infusion from the parent into its subsidiary. There is no impact on public shareholders as the subsidiary is wholly owned by Avro India.
This is an internal restructuring with no direct impact on Avro India's public shareholders or stock price. It reflects the company channeling funds into its subsidiary business.