AVG Logistics Limited — Updates, 18-05-2026: General Updates

AVG Logistics announced a Rights Issue of 36.50 lakh shares at ₹145 each, totaling ₹52.93 Cr, in a ratio of 8 shares for every 33 held. Proceeds will fund ₹40.00 Cr for working capital and ₹11.83 Cr for general corporate purposes. The issue is partially underwritten for ₹15.00 Cr.