BSE has notified trading members that Automobile Products of India Ltd. (BSE Code: 505032) has fixed a record date for a Rights Issue of equity shares. Effective April 9, 2026, all transactions in the company’s equity shares must be conducted on an ex-rights basis.

Key Points

• Company: Automobile Products of India Ltd. (BSE Code: 505032)
• Record Date: April 9, 2026
• Rights Ratio: 19 new equity shares for every 10 equity shares held
• Issue Price: Re. 1/- per share (at par), payable on application
• Share Face Value: Re. 1/- each
• Ex-Rights Date: April 9, 2026 (Settlement No. DR-607/2026-2027)
• Segment: Dematerialised Securities – Rolling Settlement Segment

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s listing compliance framework.

Compliance Requirements

• Trading members must ensure all transactions in Automobile Products of India Ltd. equity shares are executed on an ex-rights basis with effect from April 9, 2026.
• Members should update their systems to reflect the ex-rights adjustment from the specified settlement date.

Important Dates

Impact Assessment

This rights issue has a moderate impact on existing shareholders of Automobile Products of India Ltd. The ratio of 19 new shares for every 10 held (1.9:1) represents a substantial dilution event. Shareholders who do not participate in the rights issue will face proportional dilution of their holdings. The issue price of Re. 1/- at par may offer value depending on the prevailing market price. Trading members and investors should factor in the ex-rights adjustment when placing orders from April 9, 2026 onwards.