StockWatch
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Logistics Solution Provider
Corporate Action14 Aug 2026, 09:20 pm

AVG Logistics Increases Authorized Share Capital to ₹25 Crore

AI Summary

AVG Logistics Ltd announced a significant increase in its authorized share capital from ₹21 Crore to ₹25 Crore, comprising 2.5 Crore equity shares of face value ₹10 each. This decision was made during a Board of Directors meeting held on August 14, 2026. The meeting also approved the un-audited financial results for the quarter ended June 30, 2026, recommended a final dividend of ₹1.2 per equity share for FY26, and announced the 17th Annual General Meeting on September 25, 2026. Additionally, the company approved an Employee Stock Option Scheme 2026, with a pool of 9,50,000 options.

Key Highlights

  • Authorized share capital increased from ₹21 Cr to ₹25 Cr.
  • Final dividend of ₹1.2 per share recommended for FY26.
  • AGM scheduled for September 25, 2026.
  • Employee Stock Option Scheme 2026 approved.
  • Un-audited financial results for Q1 FY27 declared.