AVG Logistics Limited has informed stock exchanges that it does not qualify as a Large Corporate (LC) entity under the Securities and Exchange Board of India (SEBI) framework for fund raising through debt securities issuance. The disclosure was made on April 25, 2026, in compliance with SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021.

Financial Position and Borrowing Details

The company provided key financial information as part of its regulatory disclosure:

The outstanding borrowing figure refers to the company's long-term borrowing as on March 31, 2026. AVG Logistics noted that this amount is provisional and subject to change in accordance with the company's audited financial statements.

Regulatory Compliance

The disclosure was signed by Managing Director Sanjay Gupta, Company Secretary Mukesh Kumar Nagar, and Chief Financial Officer Rajesh Rohilla. The company confirmed it does not meet the criteria specified in SEBI circulars for Large Corporate dated August 10, 2021, and October 19, 2023.

Under SEBI's framework, entities identified as Large Corporates are subject to specific requirements for debt securities issuance. AVG Logistics' confirmation of non-LC status means it is not bound by these additional regulatory obligations.

Company Information

AVG Logistics Limited operates with its registered office at 25, DDA Market, Savita Vihar, Delhi-110092, and corporate office at 102, First Floor, Jhilmil Metro Station Complex, Delhi-110095. The company is incorporated under CIN L60200DL2010PLC198327 and trades on stock exchanges with BSE scrip code 543910 and NSE symbol AVG.

AVG Logistics Limited has announced the incorporation of a joint venture company named 'Carbonlite Logistics Private Limited' in collaboration with Baidyanath LNG Private Limited. The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following an earlier intimation dated December 25, 2025.

Joint Venture Structure and Capital Details

The newly incorporated joint venture operates under an equal partnership model with specific capital arrangements:

Shareholding and Investment Structure

Both partner companies will contribute equally to the joint venture through cash subscriptions. AVG Logistics Limited will subscribe to 50% of the shares through cash consideration, while Baidyanath LNG Private Limited will similarly subscribe to the remaining 50% shares in cash. This equal partnership structure ensures balanced control and investment from both entities.

Business Operations and Regulatory Compliance

The joint venture company will operate in the logistics sector, aligning with AVG Logistics Limited's core business activities. The company has confirmed that this joint venture constitutes a related party transaction. No governmental or regulatory approvals are required for this incorporation, and the standard completion timelines apply.

Corporate Disclosure and Future Plans

The announcement was signed by Sanjay Gupta, Managing Director of AVG Logistics Limited (DIN: 00527801), and submitted to both the National Stock Exchange of India Limited (Symbol: AVG) and BSE Limited (Scrip Code: 543910). The company has indicated that detailed information about the joint venture's business operations will be shared in due course as the entity begins its operational activities.