Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Maruti Interior Products has revised the timeline of its ongoing rights issue. The company is issuing up to 4.53 crore equity shares at ₹10 each (face value, no premium) in a 3:1 ratio, for a total size of ₹45.3 crore. The rights issue opens on March 18, 2026 and closes on March 24, 2026. The only change in this update is that the last date for on-market renunciation of rights entitlements has been pulled forward by one day — from March 20, 2026 (Friday) to March 19, 2026 (Thursday). Share allotment and listing are expected on March 25 and March 27, 2026, respectively. A corrigendum to the Letter of Offer has been issued to reflect this date change.
Eligible shareholders now have one less day to trade their rights entitlements on the market, so they need to act by March 19, 2026. Since the issue price equals face value with no premium, existing shareholders are being asked to put in fresh capital purely to maintain their stake proportion, which is dilutive in nature if not fully subscribed.