Maha Rashtra Apex Corporation Limited has informed the Exchange about Copy of Newspaper Publication
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Maha Rashtra Apex Corporation Limited has filed copies of newspaper advertisements published on March 29, 2026, in compliance with SEBI ICDR Regulations for its upcoming rights issue. The company is offering up to 14,09,1896 equity shares of ₹10 face value at ₹10 per share, aggregating up to ₹1,409.10 Lakhs, in the ratio of 1 rights share for every 1 fully paid-up equity share held. The record date for the issue is Friday, March 20, 2026. The issue opens on April 2, 2026, and closes on April 30, 2026, with the last date for on-market renunciation being April 24, 2026. The advertisements were published in Financial Express (English), Jansatta (Hindi), and Vishwani (Kannada).
Eligible shareholders as on the record date (March 20, 2026) can subscribe to the rights issue in the 1:1 ratio. Shares trade ex-rights after the record date, and shareholders must decide whether to subscribe, renounce, or let entitlements lapse by April 30, 2026. The issue price equals face value, offering no premium, which may affect the stock's pricing dynamics around the record date.