Avasara Finance Rights Issue Record on 1 January 2026: Check Key Dates, Price and Eligibility Details Inside

Avasara Finance Limited, formerly known as TRC Financial Services Limited, has announced a rights issue to raise fresh capital of up to Rs 1,000.18 lakh. The decision was approved by the company's Board of Directors at its meeting held on Friday, December 26, 2025, as part of its plan to strengthen its capital base and support future growth initiatives.

Avasara Finance Rights Issue Today on January 1, 2026

The record date for determining eligible shareholders entitled to participate in the rights issue has been set as Thursday, January 1, 2026. Only shareholders holding shares of the company as on the record date will be eligible to receive rights entitlements.

According to regulatory filings, the Board has approved the offer and issuance of fully paid-up equity shares with a face value of Rs 10 each through a rights issue to the company's existing eligible shareholders. The rights issue will be carried out in accordance with the provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws.

The company has also received in-principle approval from BSE Limited for the proposed rights issue, as conveyed through a letter dated December 24, 2025. Following this approval, the Board finalised the key terms of the issue during its meeting on December 26.

Avasara Finance Board Clears Rs 1,000.18 Lakh Fund Raise via Rights Issue

Under the approved structure, Avasara Finance will issue a total of 1,00,01,800 fully paid-up equity shares, each with a face value of Rs 10. The total size of the rights issue is capped at Rs 1,000.18 lakh, assuming full subscription by shareholders.

The rights issue price has been fixed at Rs 10 per equity share, with no premium attached. Shareholders opting to subscribe to the issue will be required to pay the full application amount at the time of submitting their application.

Avasara Finance Rights Issue Opens on 9 January, 2026; Check Closing Date

The rights issue is scheduled to open on Friday, January 9, 2026, and will close on Monday, January 19, 2026. Shareholders will also have the option to renounce their rights. The on-market renunciation period will be open from Wednesday, January 14, 2026, while the off-market renunciation window will close on Friday, January 16, 2026.