AVG Logistics Ltd Defers Board Meeting Scheduled for April 6, 2026
AVG Logistics Ltd has announced the deferment of its Board of Directors meeting that was scheduled for April 6, 2026. The decision to postpone the meeting stems from ongoing preparatory and procedural requirements related to a proposed fund-raising exercise.The company had previously informed stakeholders about the meeting, which was set to consider proposals for raising funds through various means, including a Rights Issue, Private Placement, Preferential Issue, and any other permissible method.
AVG Logistics Ltd stated that the delay is necessary because certain preparatory and procedural requirements associated with the proposed fund-raising exercise, such as the compilation and finalization of required information, documents, and regulatory compliances, are currently in progress.
The Board will examine the fund-raising proposal once the necessary preparatory steps are completed. The company confirmed that the new date for the Board meeting will be announced shortly.
AVG Stock Price Movement
AVG Logistics Limited shares closed at ₹121.35, marking a 16.54% dip on Thursday, April 2nd, after trading between ₹116.66 and ₹145. The stock hit ₹116.66, registering at its 52-week low, while trading experienced moderate activity with a volume of 543,093.Stock trading guide
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