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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Maruti Interior Products Ltd has finalized the terms of its proposed rights issue of up to ₹45.30 crores. The company will issue 4.53 crore fully paid-up equity shares at ₹10 per share (no premium, i.e., at face value). The entitlement ratio is 3 rights shares for every 1 existing share held. The record date for eligibility is March 12, 2026. If fully subscribed, the total share count will rise from 1.51 crore to 6.04 crore equity shares, meaning a significant dilution of approximately 4x. The rights entitlements will be credited in demat form via NSDL/CDSL.
Existing shareholders will need to decide whether to subscribe to their entitlement or let it lapse. Since the issue is priced at face value with no premium, the financial cost to subscribing shareholders is straightforward, but the 4x increase in share count means EPS will be diluted proportionally unless the new capital generates proportionate earnings growth.