Announced Sat, 25 Jul · 13:39 IST
Minolta Finance Rights Issue ad published; 4:1 ratio at Rs 1.20 per share
Compliance View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹1.18
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AI summary
Minolta Finance has published newspaper ads for its Rights Issue in Financial Express, Jansatta, and Sukhabar on July 25, 2026. The company is issuing up to 40 crore equity shares of Rs 1 face value at Rs 1.20 per share (including Rs 0.20 premium), aggregating up to Rs 4.8 crore. The ratio is 4 rights shares for every 1 held. Record date was July 17, 2026. Issue opens July 30 and closes August 17, 2026.
Likely market impact
Eligible shareholders can subscribe to rights shares at Rs 1.20 each in 4:1 ratio. Last date is August 17, 2026.