Description

BSE notifies trading members that AVG Logistics Limited has fixed May 21, 2026 as the record date for its rights issue of equity shares. Shares will trade on ex-rights basis from May 21, 2026.

Summary

BSE has informed trading members that AVG Logistics Limited (BSE Code: 543910) has fixed May 21, 2026 as the record date for its rights issue of equity shares. With effect from May 21, 2026, all transactions in the equity shares of AVG Logistics Limited must be conducted on an ex-rights basis under the Dematerialised Securities – Rolling Settlement Segment.

Key Points

  • AVG Logistics Limited (BSE Code: 543910) has announced a rights issue of equity shares
  • Record date fixed: May 21, 2026
  • Rights issue ratio: 8 (Eight) equity shares for every 33 (Thirty-Three) equity shares held
  • Issue price: Rs. 10 face value at a premium of Rs. 135 per share (total price Rs. 145 per share)
  • Ex-rights trading effective from: May 21, 2026 (Settlement No. DR-635/2026-2027)
  • Shares trade ex-rights from the record date in the rolling settlement segment

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s listing compliance framework requiring trading members to execute transactions on an ex-rights basis from the record date.

Compliance Requirements

  • Trading members must ensure all transactions in AVG Logistics Limited equity shares are executed on an ex-rights basis with effect from May 21, 2026
  • Members should update their systems to reflect the ex-rights status from the specified settlement date (DR-635/2026-2027)

Important Dates

  • Notice Date: May 19, 2026
  • Record Date: May 21, 2026
  • Ex-Rights Basis Effective From: May 21, 2026
  • Settlement Number: DR-635/2026-2027

Impact Assessment

Existing shareholders of AVG Logistics Limited (543910) as of the record date (May 21, 2026) will be eligible to subscribe to the rights issue at Rs. 145 per share (Rs. 10 face value + Rs. 135 premium). The rights entitlement is 8 new shares for every 33 shares held. The share price will adjust to reflect the ex-rights value from May 21, 2026. Trading members must ensure compliance with ex-rights trading norms to avoid settlement discrepancies. Impact is confined to existing shareholders and active traders in this stock.

Impact Justification

Company-specific rights issue affecting existing shareholders of AVG Logistics Limited (BSE: 543910). Material for current and prospective shareholders but limited to a single mid-market company.