Maruti Interior Products Limited has published newspaper advertisements for its upcoming rights issue in compliance with Regulation 84(1) of SEBI (ICDR) Regulations, 2018. The advertisements were published on March 14, 2026, in Financial Express (English and Gujarati editions) and Jansatta (Hindi edition) to inform eligible equity shareholders about the offering.

Rights Issue Details

The company is proposing to issue up to 4,53,00,000 fully paid-up equity shares of face value ₹10 each through a rights offering. The key parameters of the issue are structured as follows:

Issue Timeline

The rights issue follows a structured timeline for eligible shareholders to participate:

Trading Clarifications and Market Lot Requirements

The company has issued important clarifications regarding trading implications for the rights issue. As the equity shares are listed on the SME Platform of BSE Limited, specific market lot requirements apply for trading activities.

The company has clarified that allotment pursuant to the rights issue may result in shareholdings which are not in multiples of the prescribed market lot. Any shareholding not in multiples of 1,000 shares will constitute an odd lot, which may not be tradable on the stock exchange trading platform until the lot size is revised by the exchange or the holding is consolidated into marketable lots.

Subscription and Application Process

Eligible shareholders may subscribe to their rights entitlements and additional rights equity shares, subject to availability. All applications for the rights issue must be made through the Application Supported by Blocked Amount (ASBA) process as mandated by SEBI regulations.

The rights entitlements will be credited to demat accounts of eligible shareholders under ISIN: INE0JSJ20014. Rights Entitlements will be credited in dematerialized form and will be tradable on the stock exchange platform during the RE trading period, subject to market lot requirements.

Key Participants and Contact Information

The rights issue involves several key service providers and contact details:

For assistance with subscription or trading queries, shareholders can contact the investor relations team at compliance@mipl-india.com . Issue materials and application forms are available through the company's websites ( www.spitzebyeveryday.com and www.everyday-india.com ), the registrar's website ( www.bigshareonline.com ), and BSE's website ( www.bseindia.com ).

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.