Maha Rashtra Apex Corp: Board Changes on May 26, 2026

Maha Rashtra Apex Corporation Ltd. announced changes to its Board of Directors and Key Managerial Personnel following a board meeting on May 26, 2026. Key changes include the resignation of Mr. Aspi Nariman Katagara as Managing Director and Director, the resignation of Ms. Vidya More and Mr. Nagarajan Sivarama Krishnan as Independent Directors, the appointment of Mr. Cyrus Khambata as Managing Director, the appointment of Mr. Jamsheed Minoo Panday as Executive Director (and resignation as Company Secretary), and the redesignation of Mr. Kudi Bhoja Shetty as an Independent Director. Mr. Arvind Ganesh Mallya was appointed as Company Secretary and Compliance Officer.