Investment27 March 2026 at 02:21 pm
Automobile Products Of India Ltd. to Approve Rights Issue Price at Board Meeting on April 3, 2026
AI Summary
Automobile Products Of India Ltd. has announced a meeting of its Board of Directors on April 3, 2026, to consider and approve the Rights Issue Price and other incidental matters. This meeting is a follow-up to the previous board meeting on February 9, 2026, where the issuance of equity shares by way of a rights issue for an amount not exceeding ₹ 14,00,000 (Rupees Fourteen Lakhs Only) was approved.
Key Highlights
- Automobile Products Of India Ltd. to hold a Board Meeting on April 3, 2026
- The meeting aims to consider and approve the Rights Issue Price and other incidental matters
- This is a follow-up to the previous board meeting on February 9, 2026, where the issuance of equity shares by way of a rights issue was approved
- The Rights Issue is for an amount not exceeding ₹ 14,00,000 (Rupees Fourteen Lakhs Only)
- The meeting is being held in compliance with the Companies Act, 2013, SEBI regulations, and other applicable laws