Maruti Interior Products Finalizes Rs 45.30 Crore Rights Issue Terms

Maruti Interior Products Limited (BSE Scrip: 543464) announced that its Rights Issue Committee approved key terms for a rights issue aggregating up to ₹45.30 crores (Rupees Forty-Five Crores Thirty Lakhs Only), following BSE in-principle approval vide letter dated March 5, 2026.

The issue comprises 4,53,00,000 fully paid-up equity shares of ₹10 face value each at ₹10 per share (no premium), offered at a 3:1 rights entitlement ratio to eligible equity shareholders as of the record date, March 12, 2026. Assuming full subscription, post-issue outstanding equity shares will rise to 6,04,00,000 from the current 1,51,00,000.

Rights entitlements will be credited in dematerialized form to demat accounts via NSDL/CDSL per SEBI Circular dated January 22, 2020, with ISIN to be intimated. Detailed terms including fractional entitlements are in the Letter of Offer to be filed with SEBI and BSE.

Shares of Maruti Interior Products Limited was last trading in BSE at Rs. 193.80 as compared to the previous close of Rs. 204.00. The total number of shares traded during the day was 10000 in over 9 trades.

The stock hit an intraday high of Rs. 195.00 and intraday low of 193.80. The net turnover during the day was Rs. 1940700.00.

Source : Equity Bulls

Keywords

MarutiInteriorProducts INE0JSJ01014 Houseware FundRaising RightsIssue