Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Board of Directors of Minolta Finance Limited, at their meeting held today i.e. Friday February 13, ....
Awaiting price reaction for this filing.
Minolta Finance's Board met on February 13, 2026 and approved three key items. First, the Unaudited Financial Results for the quarter ended December 31, 2025 (Q3 FY26), along with the Limited Review Report from statutory auditors. Second, a major increase in Authorized Share Capital from ₹10.20 crore to ₹70.20 crore, a jump of nearly ₹60 crore (about 6.9x), by creating additional equity shares. Third, the Board approved seeking shareholders' approval via Postal Ballot for this capital increase. The meeting ran from 5:00 PM to 6:30 PM.
The near 7x jump in Authorized Share Capital is a strong signal that the company is preparing for a potential fundraising or equity issuance in the near future. While the capital increase itself does not dilute existing shareholders yet, it creates room for a future equity raise. Q3 FY26 results will give a clearer picture of the company's actual financial performance. Shareholders should watch for the Postal Ballot outcome and any follow-up announcements on fundraising plans.