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News Details

28/04/2026 20:02

Auto Products (I) - Announcement under Regulation 30 (LODR)-Allotment

We wish to inform you that the terms of the letter of offer dated April 03, 2026, the Rights Issue opened on Wednesday, April 15, 2026, and closed on Friday, April 24, 2026, with over subscription of 501.96% amounting to Rs. 70,24,550/- (i.e. 70,24,550 x Rs. 1 per Rights Equity Share payable on Application). the Board of Directors vide Circular Resolution dated April 28, 2026, have considered and approved the allotment of 13,99,415 (Thirteen Lakh Ninety-Nine Thousand Four Hundred Fifteen) fully paid up equity shares at an issue price of Rs. 1/- per rights equity share including a share premium of Rs. 0/- per rights equity share has been paid on application ('Allotment') as determined by the Board at its sole discretion from time to time. Pursuant to the issue, the Post Issue Paid up share capital of the Company amount to Rs. 62,17,071/-