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Rights Issue14 Aug 2026, 05:03 pm

Maha Rashtra Apex Corp: Rights Issue Proceeds Utilisation Report June 2026

AI Summary

Maha Rashtra Apex Corporation Ltd has submitted its first Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Rights Issue. The report, prepared by Brickwork Ratings India Private Limited, confirms that the company raised Rs. 14.09 Crore through the issue of equity shares. The monitoring agency found no deviation in the utilization of these funds against the stated objects of the issue. The report is in compliance with SEBI (ICDR) Regulations, 2018.

Key Highlights

  • Monitoring Agency Report for Rights Issue proceeds submitted.
  • Rs. 14.09 Crore raised via Rights Issue of Equity Shares.
  • No deviation reported in the utilization of funds.
  • Report covers the quarter ended June 30, 2026.
  • Issued by Brickwork Ratings India Private Limited.
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MAHAPEXLTD
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MAHA RASHTRA APEX CORPORATION LTD.

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