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Minda Industries announced that the Rights issue committee of the Board of Company have on 15 September 2020, considered and approved the allotment of 97,11,739 equity shares of face-value Rs.2/- each to the eligible applicants in the Rights Issue at an issue price of Rs. 250 per Equity Share (including a premium of Rs. 248 per Equity Share).
Accordingly, pursuant to the Allotment, the paid-up equity share capital of the Company stands increased from 26,22,16,965 Equity Shares to 27,19,28,704 Equity Shares.
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