
Rights Issue15 Jun 2026, 06:50 pm
Minolta Finance Gets In-Principle Approval for Rights Issue
AI Summary
Minolta Finance Ltd has received in-principle approval from the Calcutta Stock Exchange (CSE) for its proposed rights issue of equity shares. The approval, dated June 15, 2026, is subject to the company fulfilling various listing and statutory formalities. These include submitting a listing application, paying listing fees, complying with SEBI LODR regulations, Companies Act, 2013, and other applicable laws. The company must also update its website with financial data and shareholding patterns and ensure dematerialization agreements are in place. CSE reserves the right to withdraw the approval if information provided is found to be incorrect or misleading.
Key Highlights
- Calcutta Stock Exchange grants in-principle approval for rights issue.
- Approval is conditional on fulfilling listing and statutory requirements.
- Company must update website with financial data and shareholding.
- CSE reserves right to withdraw approval based on submitted information.
Price Impact
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