Allotment of Equity Shares on Rights basis

Fund Raising View source PDF Explain this filing

MAHAPEXLTD · price

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Price reactionminutes from the announcement price · days from the prior close

+2.5%Reaction day

₹52.09

prior close

₹52.94

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+2.6% vs market

Other Financial Services peers, median of 77sector+0.0%+2.5% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.5 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5-0.1+2.6+0.0+2.5

Next day

+3.0+1.5+1.5+0.0+3.0

+4.5+3.1+1.4+0.1+4.4

+1.7+3.0-1.3+1.0+0.7

+0.0+1.6-1.5+0.0+0.0

+1.4-1.6+3.0-1.2+2.7

-5.5-0.6-4.9-1.4-4.1

15d

-1.2+2.2-3.4-2.6+1.4

-8.0+2.6-10.6-2.8-5.2

-9.8+8.9-18.7-2.7-7.1

-9.8+11.4-21.3-5.6-4.3

UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 77Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Maha Rashtra Apex Corporation Ltd has completed a rights issue, allotting 1,40,91,896 fully paid-up equity shares of Rs. 10 each to existing eligible shareholders. The shares were issued at par (face value) at Rs. 10 per share. As a result, the company's paid-up equity share capital has doubled from Rs. 14.09 crore to Rs. 28.18 crore. The rights issue was based on the Letter of Offer dated March 11, 2026, and the allotment was approved by the Board on April 4, 2026.

Likely market impact

The share count has doubled, which will dilute existing shareholders by 50%. The capital raised appears modest as shares were issued at par value, and the company has not disclosed the specific use of proceeds.