The board meeting outcome notice issued by AVG Logistics Limited on May 15, 2026, details the final approval and established terms for its upcoming Rights Issue, aimed at raising a total amount of ₹52.93 crores. Through this capital raising initiative, the company will offer 36,50,356 Rights Equity Shares with a face value of ₹10 each at an issue price of ₹145 per share, which includes a premium of ₹135 per Rights Equity Share. This issuance is organized on a rights basis to eligible equity shareholders to fulfill corporate financial requirements without adding debt. The company has officially fixed May 21, 2026, as the record date for determining the eligibility of shareholders to participate in the Rights Issue.

AVG Logistics Limited is an India-based third-party logistics service operator incorporated in 2010 that provides extensive end-to-end supply chain solutions. The company specializes in road transportation services, full truckload (FTL) hub-and-spoke models, warehousing facilities, and automated technology integrations for client supply chains. Over the years, its operations have scaled up to include rail freight services, cold chain logistics, and cross-border transportation networks extending to neighboring countries like Bangladesh and Nepal. The company operates a multi-modal logistics model catering to reputable domestic and global brands.

Throughout the calendar year 2025, AVG Logistics Limited focused on enhancing its operational capabilities and sustainability footprint through strategic expansions. In mid-2025, the company deployed high-capacity 55-ton electric trucks in collaboration with Tata Motors to manage intra-plant and short-haul logistics operations for Tata Steel. To support clean energy transitions within the transport services sector, the company signed a Memorandum of Understanding (MoU) in December 2025 to develop and promote LNG-powered long-haul transport infrastructure. Additionally, during its Annual General Meeting held in September 2025, the company finalized a dividend payment of ₹1.20 per share to reward its stakeholders.

For the quarterly financial results announced for the period ending December 31, 2025, AVG Logistics Limited reported a consolidated net sales revenue of ₹133.77 million, down from ₹142.53 million in the previous quarter and ₹142.32 million in the corresponding quarter of the previous year. The company recorded a consolidated net profit of ₹54.05 million for the quarter, reflecting growth compared to the ₹50.82 million achieved in the immediate preceding quarter, though it faced a slight reduction from the ₹54.90 million reported in the same period last year. In terms of shareholding and institutional backing during 2025, prominent foreign portfolio entities held notable stakes in the company, with IEGFL – Multi Opportunity holding a 6.46% stake and Blue Lotus Capital Multi Bagger Fund II maintaining a 1.30% stake in the business.