Minolta Finance Limited has successfully completed its Rights Issue, allotting 40 Crore equity shares at Rs. 1.20 each, including a premium of Re.

0.20. The issue successfully raised Rs. 48 Crore for the company.

All 40 Crore shares offered were fully subscribed and allotted to eligible shareholders and renouncees.

These newly issued equity shares are now listed and available for trading on the exchange.

This successful capital raise strengthens the company's financial position, marking a significant operational update for investors.