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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.

09 Jul 2026 Effective 17 July 2026 Affects: Existing shareholders and traders of Minolta Finance Ltd (Scrip Code: 532164).

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)