In relation right Issue, we submit hereby newspaper advertisement issued today regarding extension of closing date of Ongoing right issue of the Company for an aggregate amount not exceeding ....
Awaiting price reaction for this filing.
Avasara Finance Ltd has announced a one-day extension of the closing date of its ongoing Rights Issue, now ending Tuesday, January 20, 2026, instead of the earlier January 19, 2026. The extension is due to a BSE-declared trading holiday on January 15, 2026, caused by Municipal Corporation Elections in Maharashtra. The Rights Issue size stands at Rs. 1,000.18 lakhs (about Rs. 10.02 crore), offered at Rs. 10 per share in a ratio of 2 rights shares for every 1 fully paid-up equity share held on the record date of January 1, 2026. Subsequent dates including finalisation of allotment, allotment, credit of shares, and listing have been shifted forward by one day accordingly. The corrigendum has been published in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi).
This is a routine administrative extension with no change to issue size, price, or ratio, so the underlying rights issue terms remain intact for eligible shareholders. Shareholders get one additional day to apply or renounce entitlements, while the overall fundraising timeline is only marginally pushed back.