Board Meeting4 May 2026, 02:05 pm
AVI Polymers: Board to Consider ₹500 Cr Fundraise
AI Summary
AVI Polymers Ltd has announced a board meeting on May 7, 2026, to consider and approve a fund-raising proposal of approximately ₹500 Crore through qualified institutional placement, private placement, or other permissible modes. The board will also consider new business objects including information technology, software development, and digital platforms. The trading window will be closed from May 4, 2026, until 48 hours after the board meeting.
Key Highlights
- AVI Polymers to consider ₹500 Cr fundraise via various instruments.
- Board to evaluate acquisitions via share purchase or swap.
- Company to consider adding IT, software, and digital platforms to its objectives.
- Trading window closed from May 4, 2026, until 48 hours post board meeting.