Rights Issue26 May 2026, 11:21 pm

Minolta Finance Board Approves ₹450 Cr Rights Issue at ₹1.10/Share

AI Summary

Minolta Finance Ltd's board of directors approved a rights issue of 45,00,00,000 equity shares at a price of ₹1.10 per share. The rights entitlement ratio is set at 4.5 new equity shares for every 1 existing share held. The record date for determining eligible shareholders is June 30, 2026, with full payment due on application.

Key Highlights

Minolta Finance approves rights issue of 45,00,00,000 shares.
Rights issue price fixed at ₹1.10 per equity share.
Entitlement ratio: 4.5 new shares for every 1 existing share.
Record date set as June 30, 2026.
Full payment required on the day of application.

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MINOLTAF

Non Banking Financial Company (NBFC)

MINOLTA FINANCE LTD.

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