Bobros Consultancy Services Private Limited has reduced its equity stake in Minolta Finance Limited by selling 2,92,829 shares on August 6, 2026. The market sale reduced the consultancy firm’s total holding in the Hyderabad-based non-banking financial company from 10.04% to 9.75% of the total voting capital. This disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, marking a slight decrease in institutional exposure without crossing any mandatory open offer thresholds.

The transaction was executed through market sales, as confirmed by Venu Gopal Oguri, Director of Bobros Consultancy Services Private Limited. The filing indicates that Bobros Consultancy is not part of the promoter or promoter group of Minolta Finance. Prior to this acquisition, Bobros held 1,00,43,512 shares carrying voting rights. Following the sale, the total holding stands at 97,50,683 shares. There were no changes in shares encumbered by pledge, lien, or other non-disposal undertakings during this period.

Shareholding Pattern Details

The following table outlines the change in shareholding structure for Bobros Consultancy Services Private Limited regarding Minolta Finance Limited:

Minolta Finance Limited has an equity share capital of 10,00,00,000 equity shares, as per the shareholding pattern publicly disclosed as on June 30, 2026. The company’s shares are listed on BSE Limited (Scrip Code: 532164) and The Calcutta Stock Exchange Limited (Scrip Code: 10023910). The ISIN for the security is INE514C01026.

What the Numbers Show

The reduction in stake from 10.04% to 9.75% suggests a minor portfolio rebalancing by Bobros Consultancy rather than a strategic exit, as the entity remains a significant shareholder above the 5% substantial acquisition threshold. The absence of any encumbrances or pledged shares indicates that the liquidity event was driven by outright market sales rather than forced liquidation due to margin calls. The stable total voting capital of Minolta Finance implies that this transaction did not involve any corporate actions such as bonus issues or rights allotments that would have altered the denominator of the shareholding percentage.

Minolta Finance Limited has formally publicized the revised timeline for its ongoing Rights Issue through newspaper publications on July 29, 2026. The company shortened the window for eligible equity shareholders to renounce their rights entitlements in the market, moving the final date from Friday, August 14, 2026, to Tuesday, August 11, 2026. This procedural adjustment impacts investors holding shares as of the record date of Friday, July 17, 2026, who wish to transfer their entitlements before subscribing to the new equity shares.

The Board of Directors approved this change during a meeting held on July 28, 2026, citing the benefit of eligible equity shareholders. To ensure wide dissemination, the corrigendum to the Letter of Offer dated June 30, 2026, was published in Financial Express (English), Jansatta (Hindi), and Sukhabar (Bengali) in compliance with Regulation 84 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The updated disclosures also modify specific sections of the Letter of Offer, including pages 7, 43, 46, 114, and 119, as well as the Abridged Letter of Offer and Application Form.

Revised Issue Schedule

The core terms of the Rights Issue remain unchanged: Minolta Finance is offering up to 40,00,00,000 fully paid-up equity shares of face value ₹1 each at an issue price of ₹1.20 per share. This aggregates to up to ₹48,00,00,000 with a subscription ratio of 4 rights equity shares for every 1 fully paid-up equity share held. The updated schedule for key events is detailed below.

Compliance and Regulatory Disclosures

The company disclosed the Board’s decision to BSE Limited and The Calcutta Stock Exchange Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The corrigendum explicitly updates the Last Date of Market Renunciation across all relevant documents, ensuring that investors refer to the modified timelines for accurate procedural planning. The ASBA process remains mandatory for all applications, and allotments will be made only in dematerialised form via NSDL or CDSL.

What This Means for Shareholders

The three-day reduction in the renunciation window requires shareholders intending to sell their rights entitlements in the market to act sooner than previously scheduled. Failure to complete renunciation by Tuesday, August 11, 2026, will close this option, leaving subscription or non-subscription as the remaining choices. Investors are advised to review the updated Letter of Offer available on the company’s website for precise details.