Minolta Finance Limited has completed its rights issue and submitted the Final Post Issue Report to BSE Limited and The Calcutta Stock Exchange Ltd. The issue was for up to 40,00,00,000 (Forty Crore) equity shares of face value ₹1/- each at an issue price of ₹1.20 per share (including a premium of ₹0.20 per share), aggregating to ₹48,00,00,000.

Listing Approval and Trading Commencement

The Calcutta Stock Exchange acknowledged receipt of documents on August 25, 2026, and approved the listing application for the 40 crore shares on August 27, 2026 (Notice LOD/Rights/RB/FIP/713/2026-27). The shares bear distinctive numbers 100000001 to 500000000. Trading was approved to commence effective Tuesday, September 1, 2026, as per notice 20260831-3 dated August 31, 2026, contingent upon the company submitting confirmation from depositories about crediting the shares to beneficiary accounts.

Allotment Details

The detailed breakdown of the allotment is as follows:

  • Shares Offered in Issue: 40,00,00,000
  • Shares Kept in Abeyance: 30
  • Shares to be Allotted: 40,00,00,000 (after abeyance)

Breakdown of Applications and Allotments:

1. Shares Applied by Shareholders out of Entitlement: 70,09,159 shares applied; 11,07,020 shares allotted.

2. Shares Applied by Renounce out of Entitlement: 53,86,978 shares applied; 53,86,978 shares accepted/allotted.

3. Shares Applied by Shareholders out of Entitlement (Zero Entitlement): Not applicable; no shares allotted.

4. Shares Applied by Shareholders out of Entitlement (Fractional Entitlement): Not applicable; no shares allotted.

5. Total Shares Accepted (A+B+C+D): 81,16,149 shares allotted from the entitled quota.

6. Balance Shares Available for Allotment for additional applied (E): 39,18,83,851 shares available.

7. Additional Shares Applied by Shareholders: 14,82,92,271 shares applied. After rejecting 40,40,228 shares on technical/partial reasons, 14,42,52,043 shares were allotted (F).

8. Additional Shares Applied by Renounce: 25,07,59,218 shares applied. After technical adjustments, 24,76,31,808 shares were allotted (G).

Final Allotment:

  • Total Shares Allotted (A+B+C+D+F+G): 40,00,00,000 shares, fully utilizing the issue size.

Verification and Approval

The post-issue report was verified and accepted by the following intermediaries on August 24, 2026:

  • RTA (Skyline Financial Services Private Limited): Anuj Kumar, Compliance Officer, accepted at 16:45.
  • Issuer/Company (Minolta Finance Limited): Arvind Jethalal Gala, Non-executive Chairman, accepted at 16:48.
  • Exchange (BSE): Janardhan Wagle, Deputy Vice President, accepted at 17:02.