Minolta Finance Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

BOBROS Consultancy Services Private Limited's ownership stake in Minolta Finance Limited has reduced from 6.02% to 1.20%. This change is not due to a sale by BOBROS, which retained its 60,20,019 shares. Instead, Minolta Finance Limited's total equity capital significantly increased from 10 crore shares to 50 crore shares through a rights issue. This expansion of Minolta Finance's share base diluted BOBROS's proportionate ownership in the company.