Dear Sir/Madam, Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015 as amended from time to time, we wish to inform that the meeting of the board of directors ....
Awaiting price reaction for this filing.
The board of Avasara Finance Ltd met on October 23, 2025 and approved a Rights Issue of fully paid-up equity shares (face value Rs. 10 each) to existing shareholders. The total issue size will not exceed Rs. 1,000.18 Lakh (roughly Rs. 10 crore). The exact number of shares and the entitlement ratio are yet to be finalized, and the record date will be notified later. The issuance will follow the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018.
Eligible shareholders will get the right (and option) to buy more shares in proportion to their current holding, which lets them maintain their stake but may dilute value if they do not subscribe. Given the relatively small size of about Rs. 10 crore, the immediate impact on the stock is likely to be modest.