
Rights Issue10 Aug 2026, 04:40 pm
Minolta Finance revises Rights Issue dates
AI Summary
Minolta Finance Ltd has announced a revision to its ongoing Rights Issue schedule. The Board of Directors, in a meeting held on August 10, 2026, approved changes to the issue dates. The last day for on-market renunciation of rights entitlements has been extended to Friday, August 14, 2026, from the previously announced August 11, 2026. Consequently, the issue closing date has also been pushed back to Thursday, August 20, 2026, from August 17, 2026. The company will issue a corrigendum to its Letter of Offer reflecting these changes. The rights issue aims to raise up to ₹48 crore by issuing 40 crore equity shares at ₹1.20 per share.
Key Highlights
- Last day for on-market renunciation extended to August 14, 2026.
- Issue closing date revised to August 20, 2026.
- Board approved the revised issue schedule on August 10, 2026.
- Corrigendum to Letter of Offer will be issued.
- Rights Issue aims to raise ₹48 crore.
Price Impact
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