update on outcome of right issue committee meeting
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Maruti Interior Products has finalised the timeline for its upcoming rights issue of 4,53,00,000 (4.53 crore) equity shares. The rights entitlement will be credited under ISIN INE0JSJ20014. The issue opens on Wednesday, March 18, 2026 and closes on Tuesday, March 24, 2026, with renunciation windows for both on-market (till March 20) and off-market (till March 23) transfers. The Letter of Offer has been approved by the Rights Issue Committee on March 11, 2026. No details on issue price, ratio, or use of proceeds have been disclosed in this filing.
Eligible shareholders will receive rights entitlements and must decide whether to subscribe, renounce, or let them lapse within the short 7-day window. Successful completion will bring fresh capital to the company but will dilute existing shareholdings proportionally.