Avasara Finance Ltd
Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Held On 23Rd October 2025 Regarding Considering And Approving Issuance Of Shares On Right Basis
02:23 PM, 23rd Oct 2025
Dear Sir/MadamPursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations 2015 as amended from time to time we wish to inform that the meeting of the board of directors was held today on Thursday October 23 2025 at the registered office of the company. The Board of Directors of the company has considered and approved to offer and issue of fully paid-up Equity Shares by way of a Right Issue to the existing shareholders of the Company as on record date to be notified later for an agreegate amount not exceeding Rs. 1000.18 Lakh (Rupees Ten Crore Eighteen Thousand Only) in accordance with the provisions of the Companies Act 2013 and the rules made there under the SEBI (ICDR) Regulations 2018 as amended and other applicable laws. The relevant details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13 2023 is enclosed in Annexure 1