StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting23 Jun 2026, 06:40 pm

Minolta Finance Board Meeting on June 27, 2026 to Consider Rights Issue

AI Summary

Minolta Finance Ltd has announced that its Board of Directors will convene on June 27, 2026, via video conferencing. The primary agenda item is to consider and approve a proposed Rights Issue. This includes potential revisions to the pricing of equity shares, terms of payment, rights entitlement ratio, record date, and issue opening/closing dates. The board will also review and approve the Letter of Offer, Abridged Letter of Offer, Composite Application Form, and Rights Entitlement Letter, along with related agreements and regulatory filings.

Key Highlights

  • Board meeting scheduled for June 27, 2026.
  • Purpose: Consider and approve a proposed Rights Issue.
  • Key aspects include pricing, payment terms, and entitlement ratio.
  • Approval of offer documents and regulatory filings are on the agenda.