Description

AVASARA FINANCE LIMITED has fixed Record Date for Rights Issue offering 2 equity shares for every 1 equity share held at Rs. 10 per share.

Summary

AVASARA FINANCE LIMITED (Scrip Code: 511730) has announced a Rights Issue of equity shares with a record date of January 1, 2026. Existing shareholders will be entitled to subscribe to 2 new equity shares of Rs. 10 each for every 1 equity share held. Trading in the company’s shares will be conducted on an ex-rights basis from January 1, 2026.

Key Points

  • Company: AVASARA FINANCE LIMITED (Scrip Code: 511730)
  • Rights Entitlement: 2 equity shares for every 1 equity share held (2:1 ratio)
  • Issue Price: Rs. 10 per share at par
  • Face Value: Rs. 10 per equity share
  • Payment Terms: Entire rights issue price payable at the time of application
  • Record Date: January 1, 2026
  • Ex-Rights Date: January 1, 2026 (Settlement No. DR-789/2025-2026)
  • Segment: Dematerialised Securities - Rolling Settlement

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification following existing rights issue framework.

Compliance Requirements

  • Trading Members must ensure transactions in AVASARA FINANCE LIMITED shares are executed on ex-rights basis from January 1, 2026
  • Full payment of Rs. 10 per share must be collected at the time of application submission
  • All trades must be settled under settlement number DR-789/2025-2026

Important Dates

  • Record Date: January 1, 2026 - Shareholders on this date eligible for rights entitlement
  • Ex-Rights Date: January 1, 2026 - Trading begins on ex-rights basis
  • Circular Date: December 29, 2025
  • Settlement Number: DR-789/2025-2026

Impact Assessment

Shareholder Impact: Existing shareholders as of the record date will receive rights to subscribe to additional shares at a 2:1 ratio, providing opportunity to maintain or increase their stake at par value.

Trading Impact: From January 1, 2026, the stock will trade ex-rights, meaning buyers will not be entitled to participate in the rights issue. This typically results in a temporary price adjustment reflecting the dilution impact.

Capital Structure Impact: If fully subscribed, the rights issue will triple the company’s equity capital (2 new shares for every 1 existing share), significantly increasing the equity base of AVASARA FINANCE LIMITED.

Impact Justification

Standard rights issue announcement affecting existing shareholders of AVASARA FINANCE LIMITED with specific record date and entitlement ratio.