Intimation of Record date for the issue of Equity shares on the right basis.
Awaiting price reaction for this filing.
AVI Polymers Ltd has fixed Wednesday, 11th February 2026 as the record date for its proposed Rights Issue. Under the issue, eligible shareholders will receive 22 Rights Equity Shares for every 1 fully paid-up Equity Share held on the record date. The intimation has been made under Regulation 42 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has not disclosed the issue price, total size, or use of proceeds in this filing.
Existing shareholders need to hold shares as of 11 February 2026 to be eligible for the Rights Issue. With a 22:1 ratio, this is a large dilution, and shareholders will need to review the offer terms (price, renunciation, etc.) once announced to decide on participation.