AVG Logistics Ltd will hold a Board Meeting on May 04, 2026, to finalize the terms of its ₹53.00 Crore Rights Issue. The meeting will determine the issue price, rights entitlement ratio, and record date. This follows the board's earlier approval for the capital raise on April 28, 2026.
AVG Logistics Limited has scheduled a Board Meeting for May 04, 2026, to consider a proposed Rights Issue. The board will determine the issue price, entitlement ratio, and record date. The trading window for the company's securities is currently closed until June 02, 2026.
AVG Logistics Ltd board approved raising up to ₹53 Crore through a rights issue of equity shares. A Rights Issue Committee was formed to determine the final pricing and entitlement ratio. The board also approved the Draft Letter of Offer for the proposed issuance.
AVG Logistics Limited has scheduled a Board Meeting for April 28, 2026, to consider fund raising, potentially via a rights issue. The company's trading window is closed from April 1 to June 2, 2026, in compliance with insider trading regulations.
AVG Logistics Ltd board will meet on April 28, 2026, to consider a fund-raising proposal via rights issue or other equity-linked methods. This follows a previously postponed meeting announcement. The trading window for insiders remains closed in compliance with SEBI insider trading regulations.
AVG Logistics Limited has incorporated a 50:50 joint venture, Carbonlite Logistics Private Limited, in collaboration with Baidyanath LNG Private Limited. The venture, focused on the logistics industry, has an authorized and paid-up capital of ₹0.10 Crore. This strategic move marks an expansion of the company's operational footprint through partnership.
AVG Logistics Limited has incorporated a 50:50 joint venture company, Carbonlite Logistics Private Limited, with Baidyanath LNG Private Limited. The new entity has an initial paid-up capital of ₹0.1 Crore and will operate in the logistics sector.
AVG Logistics Limited has deferred its Board Meeting originally scheduled for April 06, 2026. The meeting was intended to discuss fund-raising via rights issue or preferential allotment but was postponed to complete preparatory regulatory requirements. A new date for the meeting will be announced once procedural formalities are finalized.
AVG Logistics Limited shareholders approved increasing the company's Authorized Share Capital from ₹17 Crore to ₹21 Crore. This ₹4 Crore expansion provides headroom for future business growth and potential fund-raising requirements. The resolution was passed with 99.99% majority via postal ballot.