
Rights Issue4 Jul 2026, 07:20 pm
Minolta Finance Sets July 17 Record Date for Rights Issue
AI Summary
Minolta Finance Ltd has announced Friday, July 17, 2026, as the record date for its upcoming Rights Issue. This date will determine the eligibility of equity shareholders to receive rights entitlements. The company plans to issue 40,00,00,000 equity shares at ₹1.20 each, aiming to raise up to ₹48,00,00,000. Eligible shareholders will receive 4 rights equity shares for every 1 existing equity share held. The issue price is ₹1.20 per share, with the full amount payable on application. The rights issue period opens on August 1, 2026, and the last date for market renunciation is August 10, 2026.
Key Highlights
- Record date for Rights Issue fixed as July 17, 2026.
- Issue size: 40 crore shares at ₹1.20 each, total ₹48 crore.
- Entitlement ratio: 4 rights shares for every 1 existing share.
- Rights Issue Price set at ₹1.20 per share.
- Issue opens August 1, 2026; renunciation closes August 10, 2026.
Price Impact
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