Shareholding15 Jun 2026, 12:30 pm
Asha Gupta's AVG Logistics Stake Drops to 29.31% Post Rights Issue
AI Summary
Asha Gupta, a promoter of AVG Logistics Limited, has disclosed a change in her shareholding percentage from 36.41% to 29.31%. This reduction is not due to any sale or transfer of shares but is a consequence of the company's increased paid-up equity share capital following a Rights Issue. Ms. Gupta continues to hold the same number of equity shares, 54,82,500. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the change in voting rights/shareholding exceeded the prescribed threshold.
Key Highlights
- Promoter Asha Gupta's stake in AVG Logistics reduced to 29.31%.
- Shareholding decrease is due to a Rights Issue increasing total equity.
- Number of shares held by Asha Gupta remains unchanged at 54,82,500.
- Disclosure filed as per SEBI SAST Regulations, 2011.
- No shares were acquired or sold by the promoter.
Price Impact
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