Sixth Sense IV raises stake in AVG Logistics to 18.36%

Sixth Sense India Opportunities IV and its Persons Acting in Concert (PAC) have increased their shareholding in AVG Logistics Ltd to 18.36% following a recent acquisition. The acquirer, along with PACs including Nikhil Kishorchandra Vora, IYA Ventures, Nikhil Vora HUF, and Nimisha Manish Nagarsekar, purchased 30,76,264 equity shares through a rights issue and open market transaction. This acquisition represents 16.44% of the company's equity share capital.

The disclosure was submitted to the stock exchanges on June 15, 2026, under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, the acquirer and PACs collectively held 3,57,937 shares, accounting for 2.38% of the share capital. The shares were acquired on Thursday, June 11, 2026.

Details of Shareholding

The acquisition has altered the equity structure of AVG Logistics Ltd. The total equity share capital of the target company increased from 1,50,57,720 shares to 1,87,08,076 shares post-acquisition. The face value of each equity share is INR 10.

Entity	Pre-Issue Shares	Pre-Issue %	Post-Issue Shares	Post-Issue %
Sixth Sense Opportunity Fund IV	1,37,992	0.92%	30,37,256	16.23%
Nikhil Kishorchandra Vora	1,36,673	0.73%	2,86,673	1.53%
IYA Ventures	50,000	0.27%	64,000	0.34%
Nikhil Vora HUF	28,772	0.19%	41,772	0.22%
Nimisha Manish Nagarsekar	4,500	0.02%	4,500	0.02%
Total	3,57,937	2.38%	34,34,201	18.36%

Regulatory Compliance

Sixth Sense India Opportunities IV is a scheme of Sixth Sense IV, a Category II Alternative Investment Fund registered with SEBI under registration number IN/AIF2/24-25/1563. The acquirer confirmed that it does not belong to the promoter or promoter group of AVG Logistics Ltd. The disclosure was filed within the stipulated time prescribed under the SEBI (SAST) Regulations, 2011.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.67%	+8.26%	+17.99%	-3.60%	-35.63%	+207.64%

AVG Logistics has secured a significant 3-year transportation contract from Haldiram-Nagpur to deploy 100 vehicles. The agreement is expected to generate approximately ₹35 Crore in annual revenue, strengthening the company's presence in the fast-moving consumer goods (FMCG) logistics sector. This order marks a strategic expansion of AVG Logistics' fleet capacity to serve the Western and Southern regions of India, along with key eastern states including Odisha, Bihar, and Jharkhand.

Contract Details

The key parameters of the newly secured contract are outlined below:

Parameter	Details
Client:	Haldiram-Nagpur
Contract Duration:	3 Years
Number of Vehicles:	100
Anticipated Annual Revenue:	Approximately ₹35 Crore

Strategic Significance

The contract underscores AVG Logistics' growing capability to handle large-scale logistics requirements for major consumer brands. By deploying 100 dedicated vehicles, the company aims to improve service coverage, optimize turnaround times, and enhance delivery efficiency across multiple regions. The agreement was finalized by Mr. Vinayak Gupta, Chief Strategy Officer & ESG Head, and Mr. Sumit Garg, Executive Vice President of AVG Logistics Limited, along with Mr. Kamal Aggarwal Ji from Haldiram-Nagpur.

Financial Context

In FY25, AVG Logistics reported a revenue of ₹551.52 Cr, EBITDA of ₹95.57 Cr, and PBT of ₹26.33 Cr. The company operates a fleet of over 3000 hired and owned vehicles and provides 24x7 integrated logistics services across India. This new long-term contract is expected to improve fleet utilization and provide greater revenue visibility over the medium term.