Automobile Products of India Ltd Approves Terms for Rights Issue of ₹14,00,000

Automobile Products of India Ltd has approved the terms of a rights issue of equity shares worth ₹14,00,000. The rights issue will open on April 15, 2026, and close on April 24, 2026. The record date for the purpose of determining the equity shareholders entitled to receive the rights entitlement is April 9, 2026. The rights entitlement ratio is 19:10, and the rights issue price is ₹ 1/- per Equity Share. The company will call 100% of the issue price on the application stage itself.