Avasara Finance Ltd — Important, 23-10-2025: Company Update
23-10-2025 | 02:46 pm
23-10-2025 | 02:46 pm
Avasara Finance's board has approved a rights issue of fully paid-up Equity Shares, each with a face value of Rs. 10, to its existing shareholders. This capital raise aims for an aggregate amount not exceeding Rs. 10.0018 Cr. The exact ratio of shares to be issued and the total number of securities will be finalized at a later stage, along with the record date. This decision offers existing shareholders an opportunity to maintain their stake by subscribing to new shares, thereby infusing fresh capital into the company's operations.
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