
Rights Issue11 Mar 2026, 05:36 pm
Maha Rashtra Apex Corporation Ltd Announces Rights Issue of Equity Shares at Rs.10
AI Summary
Maha Rashtra Apex Corporation Ltd has approved a Rights Issue of fully paid-up Equity Shares at a price of Rs.10 per share. The Rights Issue will open on April 02, 2026 and close on April 30, 2026. The record date for the Rights Issue is March 20, 2026. The company will issue up to 1,40,91,896 Right Equity Shares, amounting to a total issue size of up to Rs. 1,409.19 Lakhs. The Rights Entitlement Ratio is 1:1, meaning 1 Right Equity Share for every 1 fully paid-up Equity Share held by the Eligible Equity Shareholders as on the record date.
Key Highlights
- Rights Issue of fully paid-up Equity Shares at Rs.10 per share
- Record date for the Rights Issue is March 20, 2026
- Total issue size of up to Rs. 1,409.19 Lakhs
- Rights Entitlement Ratio is 1:1
- Rights Issue opens on April 02, 2026 and closes on April 30, 2026