Minolta Finance Capital Structure Change
Bobros Consultancy Services Private Limited reported a dilution in its stake in Minolta Finance Limited to 1.20% following a rights issue. The acquirer is classified as a non-promoter.
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Bobros Consultancy Services Private Limited reported a dilution in its stake in Minolta Finance Limited to 1.20% following a rights issue. The acquirer is classified as a non-promoter.
Minolta Finance Ltd has completed its Rights Issue, allotting 40 crore equity shares at Rs 1.20 per share, aggregating to Rs 48 Crore.
Minolta Finance approved the allotment of 40 crore rights equity shares at Rs. 1.20 per share. It also announced changes to its Company Secretary position.
Bobros Consultancy Services Private Limited, a non-promoter entity, sold 2,92,829 shares of Minolta Finance Limited via market sale. This transaction reduced their stake from 10.04% to 9.75%.
Minolta Finance Ltd has issued a corrigendum to its Letter of Offer, updating the last date for On Market Renunciation of its Rights Issue to August 11, 2026.
Minolta Finance Ltd set July 17, 2026, as the record date for its rights issue. The issue of 40 million shares at Rs. 1.20 each totals Rs. 4.8 Crore.
Minolta Finance Ltd approved a Rights Issue for up to 48.0 Crore. The issue offers shares at Rs.1.20 per share.