AVG Logistics Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of AVG Logistics Limited has approved the financial results for the quarter and half-year ended September 30, 2024. Consolidated revenue from operations stands at ₹13,846.36 Cr, with a net profit of ₹537.87 Cr for the period. Additionally, the company issued and allotted 3,00,000 equity shares, following the conversion of warrants by a promoter, Mr. Sanjay Gupta, who paid a total of ₹5.00 Cr for the shares. These developments indicate a strategic move to capitalize on equity and enhance operational capacity.