Rights Issue13 Nov 2026, 07:53 pm
AVG Logistics: Monitoring Agency Report for Rights Issue Proceeds
AI Summary
AVG Logistics Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, detailing the utilization of proceeds from its Rights Issue. The report, prepared by Brickwork Ratings India Private Limited, confirms no deviation from the stated objects for the utilization of the Rs. 52.93 Crore raised through the Rights Issue of Equity Shares. The monitoring agency has confirmed that the funds were utilized in line with the objects of the issue as per SEBI regulations.
Key Highlights
- Monitoring Agency Report submitted for Rights Issue proceeds.
- No deviation from stated objects for fund utilization.
- Rs. 52.93 Crore raised via Rights Issue of Equity Shares.
- Report covers utilization for the quarter ended September 30, 2026.
Price Impact
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