MAHAPEXLTDNSEMaha Rashtra Apex Corporation Limited· -MediumNeutral
Announced Thu, 9 Jul · 10:12 IST

Corrigendum: Promoter reclassification approved, date typo fixed

Ownership Changes View source PDF

MAHAPEXLTD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹44.16
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9-0.3+2.8+0.8+0.0-0.1
Up moveDown movePending
AI summary

Maha Rashtra Apex Corporation has issued a corrigendum to its earlier board meeting disclosure. The original letter had a typographical error, mentioning the meeting date as 08 August 2026 instead of the correct 08 June 2026. At that meeting, the board approved reclassifying Mr T. Satish U. Pai from the promoter category to the public category, subject to stock exchange approval. All other content of the original disclosure remains unchanged.

Likely market impact

Promoter being moved to public category may indicate reduced promoter involvement, subject to exchange approval. No change in actual shareholding.