AVG Logistics Limited's Rights Issue Committee has approved the Letter of Offer for its upcoming Rights Issue.

AVG Logistics LimitedAVG · Filed with the exchange

This crucial step includes the approval for filing the Letter of Offer with SEBI and the Stock Exchanges.

This development signifies a major advancement in the company's capital-raising plan, moving the Rights Issue closer to execution.

It will provide existing shareholders with the opportunity to subscribe to new shares, supporting the company's future growth initiatives.

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