Maha Rashtra Apex Corporation Limited has informed the Exchange about General Updates

MAHAPEXLTD · price

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▲ 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

-0.3%1-day move

₹53.00

prior close

₹53.34

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.6+0.6+0.6+0.6-0.3-2.0-7.2-5.2-8.3-8.5-8.5-8.5-16.9—

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AI summary

Maha Rashtra Apex Corporation Limited has completed a Rights Issue of 1,40,91,896 equity shares at Rs. 10 per share, raising approximately Rs. 14.09 crore. The issue was offered on a 1:1 basis to existing shareholders as of the record date of March 20, 2026. The issue opened on April 2, 2026 and closed on April 30, 2026. The subscription was exceptionally strong at 504.12% of the issue size, with 2,251 valid applications received for 71,040,549 shares. All valid applicants have been allotted shares, with trading expected to commence on BSE and NSE from May 12, 2026 under ISIN INEB43B01013.

Likely market impact

The massive oversubscription (5x) indicates strong investor interest in the company. Existing shareholders who participated received additional shares at par value, and the fresh capital infusion should strengthen the company's balance sheet.