Automobile Products of India Ltd. Schedules Board Meeting to Finalize Rights Issue Details

Automobile Products of India Ltd. Schedules Board Meeting to Finalize Rights Issue Details

Automobile Products of India Ltd. Schedules Board Meeting to Finalize Rights Issue Details​

Automobile Products of India Ltd. announced on March 27, 2026, that a board meeting is scheduled for April 3, 2026. The meeting will focus on approving the Rights Issue Price and related matters pertaining to a previously approved rights issue.

The company’s board had previously approved a rights issue on February 9, 2026, to raise up to ₹14,00,000. The rights issue will be conducted in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The face value of each equity share is ₹1.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top