The board of Automobile Products of India approved a rights issue of 14 lakh shares at ₹1 per share to raise ₹14 lakhs.
Shareholders will receive 19 rights shares for every 10 shares held, with the issue period from April 15 to 24, 2026.
Rights entitlement will be credited to shareholders' demat accounts before the issue opens on April 15, 2026.