Vikasa India's EIF I Fund has offloaded approximately 1.1 lakh shares of AVG Logistics at a price of ₹158.5 each, as per the recent NSE bulk trade data.
AVG Logistics Limited
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The companies ITC Hotels, GM Breweries, Pearl Global, and AVG Logistics have announced their plans for dividends and rights issues in May 2026. GM Breweries will distribute ₹9 per share, Pearl Global - ₹8.5, ITC - ₹1. Notably, AVG Logistics is planning a rights issue to raise approximately ₹52.9 crore.
AVG Logistics has announced plans for a rights issue aiming to raise approximately INR 52.93 crore. Shareholders will be offered 8 shares for every 33 held at a price of INR 145 each, with the record date set for May 21, 2026.
AVG Logistics is planning a ₹530 crore fundraise through a rights issue, pending regulatory approval after the board's approval and formation of a Rights Issue Committee. The draft offer has already been approved.
AVG Logistics will convene a board meeting on April 28, 2026, to discuss potential funding opportunities, with the aim of securing necessary approvals. However, due to SEBI's insider trading regulations, the stock's trading window remains closed for now.
AVG Logistics and Baidyanath LNG have created a joint venture, "Carbonlite Logistics," with an initial investment of INR 10 lakhs. This new entity will concentrate on providing efficient logistics solutions.
India Emerging Giants Fund Limited has offloaded approximately 1.6 lakh shares of AVG Logistics at a price of Rs 129.2 each, signifying a significant sale in the logistics sector.