Automobile Products of India Ltd — Dividend/Bonus, 03-04-2026: Corp. Action

Automobile Products of India's Board has finalized the terms for its rights issue, offering 14 lakh new equity shares for ₹0.14 Cr. Existing eligible shareholders can subscribe to 19 new shares for every 10 shares held, at an issue price of ₹1 per share, payable fully on application. The Record Date for determining eligible shareholders is April 09, 2026. The rights issue opens on April 15, 2026, and closes on April 24, 2026. This move aims to raise capital and offers existing investors an opportunity to increase their stake.