
Rights Issue10 Aug 2026, 04:40 pm
Minolta Finance revises Rights Issue schedule
AI Summary
Minolta Finance Ltd announced a revision to its Rights Issue schedule following a Board of Directors meeting on August 10, 2026. The company has extended the last date for on-market renunciation of rights entitlements from August 11, 2026, to August 14, 2026. Additionally, the issue closing date has been postponed from August 17, 2026, to August 20, 2026. These changes are part of a corrigendum to the Letter of Offer and Abridged Letter of Offer, which will be circulated to the stock exchanges and eligible shareholders. The total issue size remains up to 40,00,00,000 equity shares at ₹1.20 per share, aggregating up to ₹48,00,00,000.
Key Highlights
- Rights Issue schedule revised by Minolta Finance Ltd.
- Last date for on-market renunciation extended to August 14, 2026.
- Issue closing date moved to August 20, 2026.
- Corrigendum to Letter of Offer approved.
- Total issue size remains ₹48 crore.
Price Impact
More from MINOLTAF