The Board of Directors of the Company at their Meeting held today on Tuesday, January 13, 2026 approved and taken on record the following: To extend the closure period of Right Issue ....
Awaiting price reaction for this filing.
Avasara Finance has extended the closing date of its Rights Issue by one day, from Monday, January 19, 2026 to Tuesday, January 20, 2026. The reason is a trading holiday on January 15, 2026 declared by BSE due to Municipal Corporation Elections in Maharashtra, which reduced the effective trading days available to shareholders. The Rights Issue consists of 1,00,01,800 fully paid-up equity shares of face value Rs. 10 each, for an aggregate amount not exceeding Rs. 10.00 crore. All subsequent dates such as basis of allotment, date of allotment, credit of shares and listing have been pushed back by one day accordingly.
This is a purely administrative one-day extension with no change to the issue size or pricing. Existing eligible shareholders effectively get one extra day to subscribe or trade their Rights Entitlements on the exchanges.