Postponement and rescheduling of right issue committee meeting
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Maruti Interior Products has postponed its Rights Issue Committee meeting originally scheduled for February 9, 2026. The meeting has been rescheduled to February 13, 2026. The reason for the postponement is that the company is currently in the process of filing its in-principle approval application with BSE for the proposed Rights Issue. The committee was set to finalize key details such as the record date, issue price, entitlement ratio, and other terms. The Rights Issue itself was approved by the Board of Directors on February 3, 2026. The new meeting date is contingent upon receiving the in-principle approval from BSE.
This is a procedural update rather than a material change. Existing shareholders should note that key details of the rights issue (such as price and entitlement ratio) are still pending. The slight delay is administrative and tied to regulatory approval, so the underlying rights issue plan remains intact.