AVG Logistics finalised the allotment of 36,50,356 fully paid-up equity shares at a price of ₹145 per share, including a premium of ₹135. The rights issue, which opened for subscription on June 1, 2026, and closed on June 9, 2026, was subscribed 122.14%. The newly allotted shares are expected to commence trading on the BSE and NSE on June 12, 2026.

The Rights Issue Committee approved the allotment on June 10, 2026. The basis of allotment was finalised in consultation with MUFG Intime India Private Limited, the Registrar to the Issue, and BSE Limited. The issue was conducted pursuant to the terms outlined in the Letter of Offer dated May 18, 2026.

Subscription Details

The company received 686 valid applications for 44,58,540 rights equity shares. Out of the total 771 applications received for 44,66,528 shares, 85 applications for 7,988 shares were rejected due to technical reasons. All valid applications were considered for allotment, and no shares were kept in abeyance.

Capital Structure Changes

The allotment has altered the company's share capital structure. The paid-up equity share capital has increased to ₹18,70,80,760 following the issuance.

The issuance complies with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Sanjay Gupta, Managing Director of AVG Logistics Limited, signed the regulatory intimation.

AVG Logistics Limited opened its rights issue on Monday, June 1, 2026, aiming to raise up to ₹5,293.02 lakhs to augment working capital and fund general corporate purposes. The company confirmed that applications were submitted by identified Specific Investors on the Issue Opening Date, complying with Regulation 77B(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The issue comprises up to 36,50,356 fully paid-up equity shares at ₹145.00 per share, including a premium of ₹135.00 per share, in a ratio of 8:33.

Specific Investor Applications

Promoters Asha Gupta and Sanjay Gupta renounced their rights entitlements in favour of identified investors. Specific Investors Sixth Sense India Opportunities IV applied for the entire renounced portion of 18,66,471 Rights Entitlements (REs). The applications were submitted on June 1, 2026, based on confirmations received from the investors and their custodians.

Issue Structure and Key Dates

The rights issue price is payable on application. Promoter Niti Gupta and Promoter Group members intend to subscribe fully to their entitlements. Systematix Corporate Services Limited has been appointed as the underwriter for the unsubscribed portion in the public category, with a maximum obligation of ₹1,500 lakhs. The record date was Thursday, May 21, 2026.

Financial Metrics and Use of Proceeds

The net proceeds of ₹5,183.39 lakhs, after issue-related expenses of ₹109.63 lakhs, will be utilised for augmenting working capital requirements (₹4,000.00 lakhs) and general corporate purposes (₹1,183.39 lakhs). Brickwork Ratings India Private Limited is the Monitoring Agency. For the nine months ended December 31, 2025, the company reported a Revenue from Operations of ₹40,213.12 lakhs and a Net Profit After Tax of ₹1,546.08 lakhs.