Rights Issue4 Jul 2026, 07:40 pm
Minolta Finance Fixes July 17, 2026 Record Date for Rights Issue
AI Summary
Minolta Finance Ltd has announced July 17, 2026, as the record date to determine shareholder eligibility for its upcoming Rights Issue. The company plans to issue 40,00,00,000 equity shares at ₹1.20 each, aiming to raise up to ₹48,00,00,000. Eligible shareholders will receive 4 rights equity shares for every 1 existing equity share held. The full amount is payable on application, with the Rights Issue opening on August 1, 2026, and the last date for market renunciation set for August 10, 2026.
Key Highlights
- Record date set for July 17, 2026, for rights issue entitlement.
- Company to issue 40 crore equity shares at ₹1.20 each.
- Rights issue aims to raise ₹48 crore.
- Entitlement ratio is 4 rights shares for every 1 existing share.
- Rights issue period: August 1 to August 10, 2026.
Price Impact
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