Avasara Finance Ltd — Important, 31-12-2025: Company Update

Avasara Finance's Board has approved a Rights Issue of 10,001,800 equity shares at ₹10 each, aiming to raise ₹10.00 Crore. Shareholders can apply for 2 new shares for every 1 held as of the record date. Funds will support the company's lending business (₹6.30 Crore), acquire an investment advisory firm (₹1.00 Crore), and cover general corporate expenses (₹2.42 Crore). Promoter Jupiter Capital commits to full subscription, including any unsubscribed shares. The company, an RBI-registered NBFC, reported a loss of ₹0.38 Crore for the recent half-year and ₹0.45 Crore for the last fiscal year, planning expansion despite past limited activity.