AVG Logistics Submits Applications for Rights Issue of Equity Shares
AVG Logistics Limited confirmed the submission of applications by specific investors for its Rights Issue of fully paid-up equity shares. The applications were submitted on the Issue Opening Date, Monday, June 1, 2026.The detailed record of applications submitted by the specific investors reflects transactions involving the renunciation and application for rights entitlement shares.
The total share participation details are as follows:
| Name of Specific Investor (Renouncee) | Name of Promoter (Renouncer) | Number of REs Renounced | Number of REs applied by the Specific Investor |
|---|---|---|---|
| Sixth Sense India Opportunities IV | Asha Gupta | 13,29,090 | 13,29,090 |
| Sixth Sense India Opportunities IV | Sanjay Gupta | 5,37,381 | 5,37,381 |
| Total | Total | 18,66,471 | 18,66,471 |
In terms of transaction specifics, the Rights Issue involved an allotment mode of DEMAT. The total quantity involved in the transaction was 1,866,471 shares. The price cut-off for the shares was set at 145.00 No. The total bid amount recorded was 270,638,295.00, with the transaction occurring on June 1, 2026.
AVG Stock Price Movement
As of 11:28 AM, shares of AVG Logistics Limited are slipping by 1.41% in live trading, currently priced at ₹153.21. The stock is moving on a total traded volume of 9,385 shares during the session.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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