StockWatch
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Logistics Solution Provider
Rights Issue25 May 2026, 06:21 pm

AVG Logistics Dispatches Rights Issue Material to Shareholders

AI Summary

AVG Logistics Ltd has completed the dispatch of the Letter of Offer, Application Form, and Rights Entitlement (RE) Letter to eligible equity shareholders on May 25, 2026, concerning its Rights Issue. This follows earlier announcements on May 18 and May 15, 2026, regarding the Rights Issue Committee's approval of the Letter of Offer and the Board's approval of the Rights Issue terms. In-principle approval was received from BSE and NSE on May 12, 2026. The dispatch adheres to SEBI regulations and is based on the list of eligible shareholders as of the record date, May 21, 2026. Information is available on the company website.

Key Highlights

  • AVG Logistics dispatches Rights Issue material to eligible shareholders.
  • Dispatch includes Letter of Offer, Application Form, and Rights Entitlement Letter.
  • Dispatch completed on May 25, 2026, following SEBI regulations.
  • Record date for eligibility was Thursday, May 21, 2026.
  • Information available on www.avglogistics.com.