
Rights Issue11 Mar 2026, 05:22 pm
Maha Rashtra Apex Corporation Ltd Announces Rights Issue of up to 1,40,91,896 Equity Shares at ₹10 Each
AI Summary
Maha Rashtra Apex Corporation Ltd has received in-principal approval from National Stock Exchange of India Limited and BSE Limited for a Rights Issue of fully paid-up Equity Shares. The Board of Directors has approved the terms of the Rights Issue, which includes up to 1,40,91,896 Equity Shares of face value of ₹10 each at ₹10 per Equity Share, resulting in a total issue size of up to ₹1,409.19 Lakhs. The Rights Issue period is from April 02, 2026 to April 30, 2026. The record date for determining the equity shareholders entitled to receive the rights entitlement is March 20, 2026.
Key Highlights
- Maha Rashtra Apex Corporation Ltd announces a Rights Issue of up to 1,40,91,896 Equity Shares at ₹10 each.
- The Board of Directors has approved the terms of the Rights Issue, which includes up to 1,40,91,896 Equity Shares of face value of ₹10 each at ₹10 per Equity Share.
- The total issue size is up to ₹1,409.19 Lakhs.
- The Rights Issue period is from April 02, 2026 to April 30, 2026.
- The record date for determining the equity shareholders entitled to receive the rights entitlement is March 20, 2026.