AVG Logistics Limited — Share Issue/Capital Change 2026

May 15, 2026

AVG LOGISTICS

May 15, 2026

To,
The Manager,
Department of Corporate Services,
BSE Limited,
P.J. Towers, Dalal Street,
Fort, Mumbai – 400001.

Scrip Code: 543910

To,
The Manager,
Listing Department,
National Stock Exchange of India Limited, Exchange
Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai – 400051.

Scrip Code: AVG

Sub: Outcome of the Board Meeting of AVG Logistics Limited (“Company”) dated May 15, 2026.

Ref:
i) Outcome of Board Meeting vide letter dated April 28, 2026 approving issue of Equity Shares to the existing shareholders through Rights Issue for an amount not exceeding Rs. 5,300.00 Lakhs (“Rights Issue/ Issue”).
ii) Intimation of Board Meeting vide letter dated May 12, 2026.

Dear Sir/Madam,

We refer to the intimations made earlier by the Company vide its captioned letters:

1. dated April 28, 2026, wherein the Company had informed that the Board of Directors at their meeting held on the same date had approved the issue of Equity Shares to the existing shareholders through Rights Issue for an amount not exceeding Rs. 5,300 Lakhs (“Rights Issue/ Issue”);
2. dated May 12, 2026, wherein the Company had informed that the Board Meeting of the Company is scheduled to be held on Friday, May 15, 2026 to inter alia, determine Issue Price, Rights Entitlement ratio, Record Date and other terms and conditions with respect to the Rights Issue. Pursuant to the in-principle approval received from BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”) vide their letters dated May 12, 2026, for the proposed Rights Issue of the Company, and Regulations 30, 42 and other applicable provisions, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we hereby inform you that Board, at their meeting held today, i.e. on May 15, 2026, has inter-alia, approved the following terms of the Rights Issue:

S. No.	Particulars	Details
1	Type of securities proposed to be issued	Fully paid-up Equity Shares of face value of ₹10/- each (“Rights Equity Shares”)
2	Type of issuance	Rights Issue of fully paid-up Equity Shares
3	Total number of securities proposed to be issued	Up to 36,50,356 Right Equity Shares of face value of ₹ 10 each
4	Issue Price	₹ 145.00 per Equity Share (including premium of ₹ 135.00 per Equity Share) payable fully on application.

Regd. Office:
25, DDA Market, Savita Vihar,
Delhi-110092
Ph.: 8527494071

AVG LOGISTICS LIMITED
CIN No.: L60200DL2010PLC198327
E-mail: info@avglogistics.com
Website: avglogistics.com

Corporate Office: 102, Ist Floor,
Jhilmil Metro Station Complex,
Delhi-110095 Ph.: 8527291062
+91-11-22124356

---

AVG LOGISTICS

| 5 | Issue Size | Up to ₹ 5,293.02 Lakhs
Assuming full subscription with respect to Rights Equity Shares | |
| --- | --- | --- | --- |
| 6 | Record Date | Thursday, May 21, 2026, for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the Rights Issue (“Eligible Equity Shareholders”). | |
| 7 | Rights Issue Period | Issue Opening Date | Monday, 1 June, 2026 |
| | | Last date for on Market Renunciation of Rights Entitlements | Thursday, 4 June, 2026 |
| | | Date of Closure of off-Market Transfer of Rights Entitlements | Monday, 8 June, 2026 |
| | | Issue Closing Date | Tuesday, 9 June, 2026 |
| | | Eligible Equity Shareholders are requested to ensure that renunciation through off-market transfer is completed in such a manner that the Rights Entitlements are credited to the demat accounts of the Renouncee(s) on or prior to the Issue Closing Date.
Our Board or the Rights Issue Committee will have the right to extend the Issue Period as it may determine from time to time but not exceeding 30 days from the Issue Opening Date (inclusive of the Issue Opening Date). Further, no withdrawal of Application shall be permitted by any Applicant after the Issue Closing Date | |
| 8 | Rights Entitlement ISIN | INE680Z20018 | |
| 9 | Rights Entitlement Ratio | 8:33 i.e., 8 (Eight) Right Equity Shares for every 33 (Thirty-Three) fully paid-up Equity Share(s) held by the Eligible Equity Shareholders in the Company as on the record date, with the right to renounce. | |
| 10 | Outstanding Equity Shares prior to the Rights Issue | 1,50,57,720 Equity Shares of ₹10/- each | |
| 11 | Outstanding Equity Shares Post Rights Issue (assuming full subscription) | 1,87,08,076 Equity Shares of ₹10/- each
Assuming full subscription with respect to Rights Equity Shares | |
| 12 | Other terms of the Rights Issue (including fractional entitlements and Issue Schedule) | All other terms and conditions of the Issue shall be detailed in the Letter of Offer | |

Further, in terms of SEBI Master Circular bearing number HO/49/14/14(2)2026-CFDPOD2/I/4518/2026 dated February 09, 2026, the Company has made necessary arrangement with NSDL and CDSL for the credits of the Rights Entitlements in dematerialized form in the demat account of the Eligible Equity Shareholders as on the Record Date. The ISIN of such Rights Entitlement is INE680Z20018. The rights entitlement of the Eligible Equity Shareholders as on the Record Date, shall be credited prior to the issue opening date, in the respective demat account of the Eligible Equity Shareholders under the aforementioned ISIN.

Regd. Office: 25, DDA Market, Savita Vihar, Delhi-110092 Ph.: 8527494071

AVG LOGISTICS LIMITED

CIN No.: L60200DL2010PLC198327

E-mail: info@avglogistics.com

Website: avg logistics.com

Corporate Office: 102, Ist Floor, Jhilmil Metro Station Complex, Delhi-110095 Ph.: 8527291062

+91-11-22124356

---

AVG LOGISTICS

All other terms and conditions of the Issue shall be detailed in the Letter of Offer.

Further, in accordance with Regulation 42 of the SEBI Listing Regulations, the Company hereby intimates the Record Date as indicated in point (7) above.

The meeting of the Board commenced at 4.30 (IST) and concluded at 5.30. (IST).

This outcome is also being uploaded on the Company’s website at www.avglogistics.com.

You are requested to kindly take the above information on record.

Details as required under Regulation 30 of the Listing Regulations read with SEBI master circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. is attached as “Annexure- A”

Kindly take the above into your records and acknowledge receipt.

Thanking You

Yours Faithfully,

For AVG Logistics Limited

SANJAY Digitally signed by SANJAY GUPTA
Date: 2026.05.15 17:30:37 +05'30'

Sanjay Gupta
Managing Director
DIN: 00527801

Regd. Office:
25, DDA Market, Savita Vihar,
Delhi-110092
Ph.: 8527494071

AVG LOGISTICS LIMITED
CIN No.: L60200DL2010PLC198327
E-mail: info@avglogistics.com
Website: avglogistics.com

Corporate Office: 102, Ist Floor,
Jhilmil Metro Station Complex,
Delhi-110095 Ph.: 8527291062
+91-11-22124356

---

AVG LOGISTICS

Annexure-A

Details as required under Regulation 30 of the Listing Regulations read with SEBI master circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Sr. No.	Particulars	Details
1	Type of securities proposed to be issued	Equity Shares
2	Type of issuance	Rights Issue
3	Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately)	36,50,356 Rights Equity Shares for cash at a price of ₹ 145.00 per Rights Equity Share (including a premium of ₹ 135.00 per Rights Equity Share) aggregating up to ₹ 5,293.02 lakhs* on a rights basis to the Eligible Equity Shareholders.

*Assuming full subscription with respect to Rights Equity Shares |
| 4 | Any cancellation or termination of proposal for issuance of securities including reasons thereof | N.A |

Regd. Office: 25, DDA Market, Savita Vihar, Delhi-110092 Ph.: 8527494071

AVG LOGISTICS LIMITED

CIN No.: L60200DL2010PLC198327

E-mail: info@avglogistics.com

Website: avglogistics.com

Corporate Office: 102, Ist Floor, Jhilmil Metro Station Complex, Delhi-110095 Ph.: 8527291062

+91-11-22124356