Announced Sat, 4 Jul · 19:30 IST
Rights Issue record date fixed at July 17, 2026
Corporate Actions View source PDF
Price
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Price reaction · full curve
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AI summary
Minolta Finance has fixed Friday, July 17, 2026 as the record date for its proposed rights issue. The company plans to issue up to 4 crore equity shares of Rs 1.20 each, aggregating up to Rs 48 crore, in a ratio of 4 right shares for every 1 existing share. Issue price is Rs 1.20 per share, payable in full on application. The issue opens on August 1, 2026 and the last date for market renunciation is August 10, 2026.
Likely market impact
Shareholders must hold shares by July 17, 2026 to receive rights entitlement. The 4:1 ratio means significant potential dilution if not fully subscribed.