Rights Issue2 Sept 2026, 04:17 pm
Minolta Finance Rights Issue Fully Subscribed, Lists Sept 1
AI Summary
Minolta Finance Ltd has submitted its Final Post Issue Report for its Rights Issue, as per SEBI Regulations 2018. The issue involved up to 40 crore equity shares of Re. 1/- each at a premium of Re. 0.20/-, totaling ₹48 crore. The shares are set to be listed and traded on the BSE effective Tuesday, September 1, 2026. The report details the allotment process, including shares applied for by shareholders and renouncees, with a total of 40,00,00,000 shares allotted. The RTA, Issuer, and Exchange have all accepted and approved the report.
Key Highlights
- Minolta Finance's Rights Issue of 40 crore shares is fully subscribed.
- The issue price was ₹1.20 per share (₹1 face value + ₹0.20 premium).
- Total funds raised amount to ₹48 crore.
- Securities will be listed and traded on BSE from September 1, 2026.
- Final Post Issue Report submitted as per SEBI Regulations.
Price Impact
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