Maruti Interior Products Limited has successfully completed its rights issue process with the allotment of 4.53 crore equity shares on April 07, 2026, followed by the publication of mandatory post-issue advertisements on April 09, 2026.

Rights Issue Completion Details

The Rights Issue Committee approved the allotment of 4,53,00,000 rights equity shares during its meeting held on April 07, 2026. The rights shares were allotted to eligible equity shareholders at an issue price of ₹10 per share, matching the face value with no share premium component.

Capital Structure Transformation

The rights issue resulted in a substantial expansion of the company's paid-up equity share capital, increasing four-fold following the successful allotment.

Regulatory Compliance and Advertisement Publication

Following the completion of the rights issue, the company published post-issue advertisements on April 09, 2026, in compliance with regulatory requirements under Regulation 30 and Regulation 92 of SEBI regulations.

The company fulfilled its regulatory obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 92 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Meeting and Administrative Details

The Rights Issue Committee meeting was conducted on April 07, 2026, commencing at 08:00 P.M. and concluding at 09:30 P.M. The allotment was conducted in accordance with the Letter of Offer dated March 11, 2026, and followed the basis of allotment finalized in consultation with BSE Limited and the Registrar to the Issue.

The announcement was signed by Paresh Purushotam Lunagaria, Managing Director (DIN: 00320470), and the details have been made available on the company's websites at www.spitzebyeveryday.com and www.everyday-india.com for stakeholder reference.

Maruti interior products Limited has successfully conducted its mandatory separate meeting of Independent Directors on March 30, 2026, fulfilling its regulatory obligations under corporate governance norms. The meeting was held at the company's registered office and addressed key governance evaluation parameters.

Meeting Details and Compliance

The separate board meeting was conducted in compliance with Section 149(7) read with Schedule IV of the Companies Act, 2013 and Regulation 25 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The meeting commenced at 5:00 PM and concluded at 6:30 PM on March 30, 2026.

Agenda Items and Performance Review

The Independent Directors deliberated on three critical governance aspects during the meeting. The comprehensive agenda focused on evaluating various performance parameters essential for effective board functioning.

The key agenda items included:

• Review of performance of Non-Independent Directors and the Board as a whole
• Assessment of the Chairperson's performance, incorporating views from both executive and non-executive directors
• Evaluation of quality, quantity and timeliness of information flow between company management and the Board

Governance and Information Flow Assessment

A significant portion of the meeting was dedicated to assessing the effectiveness of information systems between the company management and the Board. This evaluation ensures that directors receive necessary information in appropriate quality and timing to perform their duties effectively.

The meeting represents the company's commitment to maintaining high standards of corporate governance and regulatory compliance. Such separate meetings of Independent Directors are crucial for maintaining board independence and ensuring objective evaluation of company leadership and governance processes.

The communication to BSE Limited was signed by Paresh P. Lunagaria, Managing Director (DIN: 00320470), confirming the completion of this mandatory governance exercise.