In relation to the Right issue, in the Board meeting held on Tuesday, 13th January, 2026, had approved to extend the date of closing of rights issue offer period from Monday, 19/01/2026 ....
Awaiting price reaction for this filing.
Avasara Finance Limited has extended the closing date of its Rights Issue from Monday, January 19, 2026 to Tuesday, January 20, 2026 — a one-day extension. The change is due to a trading holiday declared by BSE on January 15, 2026 on account of Municipal Corporation Elections in Maharashtra. The Rights Issue comprises up to 1,00,01,800 equity shares at ₹10 per share (aggregating to ~₹1,000.18 lakhs) in the ratio of 2 rights shares for every 1 held, with the record date remaining January 1, 2026. All other timelines (allotment, credit, and listing dates) have been pushed back by one working day accordingly. No other terms of the Letter of Offer have been changed.
This is a routine administrative timeline adjustment and is unlikely to materially affect shareholders. Eligible investors get one extra day to apply for or renounce their rights entitlements, and all subsequent dates (allotment, listing) shift by one day.