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Other Financial Services
Promoter Reclassification11 Jun 2026, 10:55 am

Maha Rashtra Apex Corp: Promoter Reclassification Application Filed

AI Summary

Maha Rashtra Apex Corporation Ltd has submitted an application to BSE and NSE on June 11, 2026, seeking the reclassification of promoter T Satish U Pai from the 'Promoter' category to the 'Public' category. This move is in compliance with SEBI LODR Regulations, specifically Regulation 31A. The company's Board of Directors had previously approved this reclassification on June 8, 2026. The application details Mr. Pai's holding of 120 shares, representing 0% of the total holding, and seeks his removal from the 'Promoter' and 'Promoter Group' lists.

Key Highlights

  • Company applied for promoter reclassification to public category.
  • Application filed with BSE and NSE on June 11, 2026.
  • T Satish U Pai seeks reclassification from Promoter to Public.
  • Board approved reclassification on June 8, 2026.
  • Action is in compliance with SEBI LODR Regulations.