Auto Components & Equipments
Investment3 April 2026 at 02:31 pm

Automobile Products of India Ltd Approves Rights Issue of ₹ 14,00,000 Equity Shares at ₹ 1/- each

AI Summary

Automobile Products of India Ltd has approved a rights issue of ₹ 14,00,000 fully paid Equity Shares of ₹ 1/- each. The rights entitlement ratio is 19:10, and the rights issue price is ₹ 1/- per Equity Share. The record date is April 09, 2026, and the rights issue period is from April 15, 2026, to April 24, 2026. The company's board or rights issue committee has the right to extend the issue period.

Key Highlights

  • Rights issue of ₹ 14,00,000 Equity Shares at ₹ 1/- each
  • Rights entitlement ratio of 19:10
  • Record date set for April 09, 2026
  • Rights issue period from April 15, 2026, to April 24, 2026
  • Company board or rights issue committee has the right to extend the issue period