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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Maruti Interior Products Ltd has extended the closing date of its ongoing rights issue from March 24, 2026 to April 6, 2026. The issue involves up to 4.53 crore fully paid-up equity shares of face value ₹10 each, offered at ₹10 per share (at par, with no share premium) to eligible shareholders in a 3:1 ratio, aggregating up to ₹45.30 crores. The opening date of March 18, 2026 and other terms of the Letter of Offer remain unchanged. Trading in Rights Entitlements on the stock exchange, which was already suspended under the earlier schedule, will not be extended further. The revised allotment date is expected around April 7, 2026, with listing on or about April 8, 2026.
The extension gives eligible shareholders additional time to subscribe, which may indicate the company wanted to ensure broader participation before closing. For existing shareholders, this is a neutral-to-mildly-negative signal as rights issues at par (no premium) dilute equity value. No information on the use of proceeds was disclosed in this filing.