Automobile Products Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/04/2026 ,inter alia, to consider and approve This is in furtherance ....
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Automobile Products of India Ltd has informed BSE that its Board of Directors will meet on Friday, April 3, 2026. The meeting is being held to consider and approve the Rights Issue Price and other incidental matters. This follows the Board's earlier decision on February 9, 2026, which approved a Rights Issue of equity shares (face value ₹1 each) for an amount not exceeding ₹14,00,000 (Rupees Fourteen Lakhs). The intimation is being given under SEBI Listing Regulations, 2015.
The board will finalize the pricing of the rights issue, which will determine how much existing shareholders need to invest. The total rights issue size is relatively small at ₹14 lakhs, so dilution impact on existing shareholders is likely minimal. Shareholders should watch for the price announcement on or after April 3, 2026.