Announced Sat, 4 Jul · 19:15 IST
Rights Issue record date fixed at July 17, 2026
Corporate Actions View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Minolta Finance has fixed July 17, 2026 as the record date for its Rights Issue. The company plans to issue 40 crore equity shares at Rs 1.20 each, aggregating up to Rs 48 crore, in a ratio of 4 rights shares for every 1 existing share held. Full amount is payable on application. The issue opens on August 1 and the last date for renunciation is August 10, 2026.
Likely market impact
Shareholders must hold shares by July 17 to receive rights entitlement. 4:1 ratio will sharply expand share count and dilute existing holders if not subscribed.