AVG Logistics Limited Closes Rights Issue Period Following Board Approval of Capital Raise
AVG Logistics Limited has closed the issue period for its rights issue of equity shares, following the completion of the designated offer timeline. The company had previously approved the terms of the issuance through a meeting of its Board of Directors held on May 15, 2026.The Rights Issue involves fully paid-up equity shares of AVG Logistics Limited, with each share having a face value of ₹10. This issue was intended to raise a maximum amount aggregating up to ₹ 5,293.02 Lakhs.
The issuance period commenced on Monday, June 01, 2026, at 10:00 a.m. IST. The company confirmed that the rights issue concluded on Tuesday, June 09, 2026, at 5:00 p.m. IST.
The key details of the completed rights issue are summarized below:
| Detail | Specification |
|---|---|
| Company Name | AVG Logistics Limited |
| Issue Type | Rights Issue (Equity Shares) |
| Face Value per Share | ₹10 each |
| Total Potential Issue Amount | Up to ₹ 5,293.02 Lakhs |
| Issue Open Date | June 01, 2026 |
| Issue Close Date | June 09, 2026 |
AVG Stock Price Movement
Today, shares of AVG Logistics Limited edged higher to settle at ₹148.7, achieving a 0.09% gain in post-market trading. The closing figure reflects intraday volatility after the stock traded between a low of ₹145.01 and a high of ₹151.67, following yesterday's close of ₹147.86.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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