BSE · Corporate Action · Low
Minolta Finance sets July 17 record date for 4:1 rights issue
Shareholders get four new shares for every one held at a premium of ₹0.20; stock goes ex-rights on July 17.
What changed
- Minolta Finance fixes July 17, 2026 as record date for rights issue.
- Entitlement: 4 shares of Re.1 each at ₹0.20 premium for every 1 share held.
- Trading on ex-rights basis from July 17, 2026.
The read
BSE notified that Minolta Finance will offer 4 new shares for every 1 held at Re.1 face value plus a ₹0.20 premium. Transactions shift to ex-rights basis from July 17. Existing shareholders get a chance to subscribe, while the stock price will adjust downward on that date. Routine corporate action; no wider market impact.
Minolta Finance Ltd
Primary source: official circular (PDF)