AVG Logistics Fund Raise of ₹52.93 Cr
AVG Logistics Limited announced the closure of its ₹52.93 Crore rights issue on June 09, 2026. This successful capital raise strengthens the company's equity base for growth.
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- ₹52.93 Cr
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AVG Logistics Limited announced the closure of its ₹52.93 Crore rights issue on June 09, 2026. This successful capital raise strengthens the company's equity base for growth.
AVG Logistics confirmed that Sixth Sense India Opportunities IV applied for 18,66,471 shares in its Rights Issue. The transaction is valued at ₹27.06 Crore.
AVG Logistics approved the Letter of Offer for its proposed Rights Issue. The committee also authorized filing documents with SEBI and stock exchanges to proceed.
AVG Logistics will hold a Board meeting on May 15 to determine Rights Issue pricing and entitlement ratios. This follows receipt of Stock Exchange in-principle approvals.
AVG Logistics Limited has deferred its Board Meeting scheduled for May 04, 2026, regarding a proposed Rights Issue. The delay is due to the Draft Letter of Offer being under consideration by Stock Exchanges. A new meeting date will be announced once in-principle approval is received.
AVG Logistics Ltd board approved raising up to ₹53 Crore through a rights issue of equity shares. A Rights Issue Committee was formed to determine the final pricing and entitlement ratio. The board also approved the Draft Letter of Offer for the proposed issuance.
AVG Logistics Ltd board will meet on April 28, 2026, to consider a fund-raising proposal via rights issue or other equity-linked methods. This follows a previously postponed meeting announcement. The trading window for insiders remains closed in compliance with SEBI insider trading regulations.