Maruti Interior Products Ltd. Adjusts Right Issue Timeline
Maruti Interior Products Limited announced a revision to the timeline for its rights issue. The change, detailed in a communication to the BSE Limited, modifies the last date for on-market renunciation of rights entitlements from Friday, March 20, 2026, to Thursday, March 19, 2026.The revised issue schedule is as follows:
| Particulars | Date |
|---|---|
| Issue opening Date | Wednesday, March 18, 2026 |
| Last date for On Market Renunciation of the Rights Entitlements | Thursday, March 19, 2026 |
| Issue closing Date | Tuesday, March 24, 2026 |
| Finalisation of Basis of Allotment (on or about) | Wednesday, March 25, 2026 |
| Date of Allotment (on or about) | Wednesday, March 25, 2026 |
| Date of Credit (on or about) | Friday, March 27, 2026 |
| Date of Listing (on or about) | Friday, March 27, 2026 |
The company has approved a corrigendum to the Letter of Offer reflecting this change, which will be circulated to the Stock Exchange and eligible shareholders.
The rights issue involves an offering of up to 4,53,00,000 fully paid-up equity shares with a face value of ₹10 each, at a price of ₹10 per share, including a share premium of nil per share. The rights issue is offered in a ratio of three rights equity shares for every one fully paid-up equity share held as of March 12, 2026.
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