Description

AVI Polymers Ltd announces rights issue of 22 equity shares at par value of Rs. 10/- each for every 1 equity share held, with record date on February 11, 2026.

Summary

AVI Polymers Ltd (Scrip Code: 539288) has announced a rights issue with a record date of February 11, 2026. The company will issue 22 equity shares of Rs. 10/- each for every 1 equity share held. The shares will trade on ex-rights basis from February 11, 2026 (Settlement No. DR-818/2025-2026).

Key Points

  • Rights ratio: 22 equity shares for every 1 equity share held
  • Face value: Rs. 10/- per share
  • Issue price: Rs. 10/- per share (at par)
  • Entire issue price of Rs. 10/- payable on application
  • Scrip Code: 539288
  • Settlement applies to dematerialized securities in rolling settlement segment

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must ensure transactions in AVI Polymers Ltd equity shares are executed on ex-rights basis from February 11, 2026
  • Trading members are required to take note of the record date and ex-rights trading requirements

Important Dates

  • Record Date: February 11, 2026
  • Ex-Rights Date: February 11, 2026
  • Settlement Number: DR-818/2025-2026
  • Circular Date: February 06, 2026

Impact Assessment

Market Impact: This rights issue involves significant dilution with a 22:1 ratio, meaning the share capital will expand substantially. Existing shareholders will have the opportunity to maintain their proportionate ownership by subscribing to the rights issue.

Shareholder Impact: Shareholders on record as of February 11, 2026 will be eligible to participate in the rights issue. The at-par pricing (Rs. 10/-) matches the face value, which may indicate the company is raising capital without offering a discount.

Trading Impact: Trading on ex-rights basis from February 11, 2026 means the stock price will be adjusted to reflect the rights entitlement separation from that date forward.

Impact Justification

Standard rights issue announcement with significant dilution ratio (22:1) affecting existing shareholders of AVI Polymers Ltd