StockWatch
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Logistics Solution Provider
Rights Issue9 Jun 2026, 06:33 pm

AVG Logistics Rights Issue Closes

AI Summary

AVG Logistics Ltd has announced the closure of its Rights Issue, which opened on June 1, 2026, and concluded on June 9, 2026. The issue aimed to raise up to ₹5,293.02 Lakhs through the issuance of fully paid-up equity shares. This fundraising initiative was approved by the Board of Directors on May 15, 2026, and is in compliance with relevant Indian corporate and securities laws.

Key Highlights

  • Rights Issue successfully opened and closed within the specified dates.
  • Company aimed to raise up to ₹5,293.02 Lakhs via equity shares.
  • Fundraising approved by the Board of Directors on May 15, 2026.
  • Issue complied with Companies Act and SEBI regulations.