Maruti Interior Products Limited has published newspaper advertisements for the corrigendum to its Letter of Offer, following the Rights Issue Committee's decision to revise the on-market renunciation timeline. The company announced this development through a formal communication to BSE Limited on March 18, 2026, under Regulation 30 of SEBI regulations.

Rights Issue Overview

The company continues with its rights offering of up to 4,53,00,000 fully paid-up equity shares of face value ₹10 each. The fundamental parameters of the issue remain unchanged despite the timeline revision.

Newspaper Advertisement Publication

The company has published the corrigendum advertisement across multiple newspapers on March 18, 2026, ensuring wide circulation and compliance with regulatory requirements:

Revised Issue Timeline

The key change involves advancing the on-market renunciation deadline by one day, as approved by the Rights Issue Committee meeting held on March 16, 2026:

Regulatory Compliance and Communication

The advertisement publication fulfills the company's obligation under SEBI regulations to inform investors about material changes to the rights issue terms. The corrigendum has been made available on the company's website at www.spitzebyeveryday.com and www.everyday-india.com , ensuring accessibility to all stakeholders.

Key Participants and Process

The rights issue continues to involve the same key service providers, with all applications required through the ASBA process:

Eligible shareholders are advised that the revised timeline ensures compliance with SEBI regulations requiring the on-market renunciation date to be at least three working days prior to the issue closing date. The rights entitlements will be credited under ISIN: INE0JSJ20014 and will remain tradable during the RE trading period, subject to market lot requirements of the BSE SME Platform.

Maruti Interior Products Limited has finalized the timeline for its ₹45.30 crore rights issue, with the Rights Issue Committee approving March 18-24, 2026 as the issue period during its meeting on March 11, 2026. The company had earlier confirmed March 12, 2026 as the record date following BSE approval received on March 05, 2026.

Rights Issue Timeline and Structure

The Rights Issue Committee has established a comprehensive timeline for the offering, providing clear dates for various phases of the rights issue process.

Issue Parameters and Pricing

The rights issue maintains its previously announced structure with shares priced at ₹10 per equity share with no premium component.

Letter of Offer and Committee Decisions

The Rights Issue Committee approved the Letter of Offer dated March 11, 2026 for the issuance of 4,53,00,000 Rights Equity Shares. The committee meeting was conducted from 4:00 PM to 5:15 PM, with Managing Director Paresh Purushotam Lunagaria overseeing the proceedings.

The Board of Directors and Rights Issue Committee retain the right to extend the issue closing date, subject to the issue period not exceeding 30 days from the issue opening date, including the opening date.

Impact on Equity Structure

Upon successful completion, the rights issue will significantly expand the company's equity base:

The rights entitlements will be credited in dematerialized form to eligible shareholders' demat accounts through NSDL and CDSL arrangements, following SEBI circular requirements and compliance with LODR Regulations 2015.