Scrip Code / Symbol: BSE: 543910, NSE: AVG

Nature and Purpose of the Meeting

The Rights Issue Committee of AVG Logistics Limited met on June 10, 2026, to consider and approve the allotment of equity shares pursuant to the company's Rights Issue. This meeting was conducted to finalize the allotment process as approved in previous board meetings dated April 28, 2026, and May 15, 2026.

Details of Resolutions Passed

The Committee approved the allotment of 36,50,356 Equity Shares with a face value of ₹10 each on a rights basis.

Key Terms:

  • Issue Price: ₹145 per equity share (including a premium of ₹135 per share)
  • Rights Entitlement Ratio: 8:33 (8 Right Equity Shares for every 33 fully paid-up Equity Shares held)
  • Record Date: Thursday, May 21, 2026
  • Allotment was made to eligible equity shareholders and/or their renouncees
  • The allotment was made pursuant to the terms set out in the Letter of Offer dated May 18, 2026
  • The 'Basis of Allotment' was finalized in consultation with the Registrar to the Issue, MUFG Intime India Private Limited
  • The allotment was approved by BSE Limited, which served as the Designated Stock Exchange for this Issue

Financial Impact

Consequent to the allotment, the paid-up equity share capital of the company has increased as follows:

| Particulars | No. of Shares | Amount (₹) |

| Pre-Rights Issue | 1,50,57,720 | 15,05,77,200 |

| Post-Rights Issue | 1,87,08,076 | 18,70,80,760 |

The rights issue raised approximately ₹52.93 crore (36,50,356 shares × ₹145 per share).

Timing of the Meeting

The meeting commenced at 7:00 PM and concluded at 7:30 PM on June 10, 2026.

Compliance References

The disclosure is made pursuant to:

  • Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • SEBI master circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • The company referenced previous board meeting outcomes dated April 28, 2026, and May 15, 2026

Other Material Disclosures

The document includes Annexure-A which provides additional details as required by SEBI regulations:

  • Type of securities: Equity Shares
  • Type of issuance: Rights Issue
  • Total number of securities: 36,50,356 fully paid-up Equity Shares
  • Face value: ₹10 each
  • Issue price: ₹145 per share (including premium of ₹135 per share)
  • No cancellation or termination of the proposal (marked as N.A.)

The document was digitally signed by Sanjay Gupta, Managing Director (DIN: 00527801).