Rights Issue18 May 2026, 07:31 pm
Automobile Products of India: Mrigashish Investment's Rights Issue
AI Summary
Mrigashish Investment & Trading Company, along with PACs, acquired shares of Automobile Products of India Limited through a rights issue. The acquisition resulted in Mrigashish Investment's holding increasing to 17.68% of the total diluted share/voting capital. The acquisition date is April 28, 2026, and the post-acquisition equity share capital is ₹62,17,071.
Key Highlights
- Mrigashish Investment acquired shares in Automobile Products of India via rights issue.
- Post-acquisition, Mrigashish Investment holds 17.68% of the company's share capital.
- The acquisition was completed on April 28, 2026.
- Equity share capital after acquisition is ₹62,17,071.
Price Impact
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