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Other Financial Services
Board Meeting26 May 2026, 05:31 pm

Maha Rashtra Apex Corp Approves FY26 Financial Results

AI Summary

Maha Rashtra Apex Corporation Ltd's board meeting on May 26, 2026, approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board also appointed Cyrus Khambara as Managing Director and Jamsheed M Panday as Executive Director, both for 5-year terms, subject to shareholder approval. Additionally, Bhoja K Shetty's designation changed to Non-Executive-Independent Director. The board accepted the resignations of Aspi Nariman Katgara, Vidya M More, Nagarajan Sivaramakrishnan, and Jamsheed M Panday. Arvind Ganesh Mallya was appointed as Company Secretary and Compliance Officer.

Key Highlights

  • Approved FY26 audited standalone and consolidated financial results.
  • Cyrus Khambara appointed as Managing Director for 5 years.
  • Jamsheed M Panday appointed as Executive Director for 5 years.
  • Bhoja K Shetty redesignated as Non-Executive-Independent Director.
  • Arvind Ganesh Mallya appointed as Company Secretary and Compliance Officer.