BSEMinolta Finance LtdMediumPositive
Announced Mon, 15 Jun · 18:43 IST

In-principle approval from CSE for proposed Rights Issue

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AI summary

Minolta Finance received in-principle approval from Calcutta Stock Exchange on June 15, 2026, for its proposed Rights Issue of equity shares. The approval is conditional on compliance with statutory, legal, and listing requirements. The company must fix a record date with at least 3 working days advance notice to the exchange before finalizing offer documents.

Likely market impact

Company moving closer to launching a Rights Issue. Eligible shareholders may get opportunity to subscribe to additional shares, pending regulatory compliance.