StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue31 Aug 2026, 06:10 pm

Minolta Finance Receives BSE Trading Approval for Rights Issue Shares

AI Summary

Minolta Finance Limited has announced the receipt of trading approval from the BSE for securities issued through its Rights Issue. The approval pertains to 40,00,00,000 Equity Shares of Re. 1/- each, issued at a premium of Re. 0.20/-. These shares will be listed and commence trading on the exchange effective Tuesday, September 1, 2026. The company has provided the trading approval letter and referred to BSE's Notice No. 20260831-3 for further details. This development is a significant step in the post-rights issue process, enabling liquidity for the newly issued shares.

Key Highlights

  • BSE grants trading approval for Minolta Finance's Rights Issue shares.
  • Listing effective September 1, 2026, for 40 crore equity shares.
  • Shares issued at Re. 1/- face value with a premium of Re. 0.20/-.
  • Regulatory compliance with SEBI (LODR) Regulation 30.
  • Facilitates trading and liquidity for new shareholders.