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.

Minolta Finance has fixed Friday, July 17, 2026, as the record date to determine the eligibility of equity shareholders entitled to receive rights entitlements in its proposed rights issue. The company’s Board of Directors approved the issuance of equity shares pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rights issue aims to raise an aggregate amount of up to Rs 48,00,00,000 through the issuance of 40,00,00,000 fully paid-up equity shares.

The rights entitlement ratio has been set at 4:1, meaning eligible shareholders will receive four rights equity shares for every one existing equity share held as on the record date. The issue price for each equity share, with a face value of Rs 1.20, is fixed at Rs 1.20 per share. The full amount is payable on application, and fractional entitlements will be ignored in accordance with SEBI Rights Issue Circulars.

The rights issue process is scheduled to open on Saturday, August 1, 2026. The last date for market renunciation of rights entitlements is Monday, August 10, 2026. The company has made the requisite disclosures under Regulation 30 read with Para A (2) of Part A of Schedule III of the Listing Regulations, referencing SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Details of the Rights Issue

The intimation was addressed to BSE Limited and The Calcutta Stock Exchange Ltd to ensure the information is taken on record. Shefali Gupta, Company Secretary and Compliance Officer, signed the disclosure on behalf of Minolta Finance Limited.