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Maruti Interior Products Limited has issued a clarification regarding trading of odd lots arising from its upcoming Rights Issue. The company is offering 4,53,00,000 equity shares at ₹10 each (no premium), totaling up to ₹45.3 crore, with an entitlement ratio of 3 rights shares for every 1 share held on the record date of March 12, 2026. The shares are listed on the SME platform of BSE, where the current market lot is 1,000 shares. Shareholders whose holdings after allotment are not in multiples of 1,000 may end up with odd lots that cannot be traded until the lot size is revised or holdings are consolidated. Rights Entitlements will be credited in demat form and tradable only in market lot multiples during the RE trading period.
Existing shareholders on the record date will receive rights entitlements at a 3:1 ratio but should be aware that post-allotment shareholdings may fall into non-tradable odd lots. This is an administrative clarification rather than new fundamental information, so it should have minimal direct impact on the stock price.