Minolta Finance Ltd Withdraws Record Date for Proposed Rights Issue
Minolta Finance Ltd has announced the withdrawal of the record date previously set for its proposed rights issue due to unforeseen circumstances and pending procedural formalities. The company confirmed that the original record date, fixed for Tuesday, June 30, 2026, stands cancelled with immediate effect.The record date had been designated as the key date for determining shareholders eligible to participate in the proposed rights issue of Minolta Finance Ltd.
Minolta Finance stated that the withdrawal is necessitated by ongoing procedural formalities related to depositories. The company confirmed it will communicate a revised Record Date and any other terms pertaining to the rights issue separately in due course.
Stock Price Movement
Minolta Finance Ltd shares settled on Monday at ₹1.46, registering a decline of 4.58%. The equity remained completely locked throughout trading, with the intraday high and low both hitting ₹1.46.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.
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