Right Issue3 April 2026 at 02:44 pm
APIL Board Approves Record Date for Rights Issue of ₹14,00,000 Equity Shares
AI Summary
Automobile Products of India Ltd (APIL) has announced April 09, 2026 as the Record Date for determining the equity shareholders eligible to receive the Rights Entitlement in the proposed Rights Issue of equity shares worth ₹14,00,000. This decision was made in a Board meeting held on April 03, 2026, following the earlier approval of the Rights Issue in a meeting on February 09, 2026.
Key Highlights
- APIL Board approves Record Date for Rights Issue of equity shares worth ₹14,00,000.
- The Record Date is set as April 09, 2026 for determining eligible equity shareholders.
- This decision comes after the initial approval of the Rights Issue on February 09, 2026.
- The Rights Issue is in accordance with applicable laws and regulations.
- The details of the Rights Issue are available on the company's website.