Maha Rashtra Apex Corporation Limited has informed the Exchange that Board of Directors at its meeting held on December 18, 2025, has decided to issue equity shares on rights basis in the ratio of 15000000 : 14090896, i.e 15000000 Equity Shares for every 14090896 Equity Shares held. Issue Price is 10 per share.
MAHAPEXLTD · price
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The Board of Directors of Maha Rashtra Apex Corporation Limited, at its meeting on December 18, 2025, approved a rights issue of equity shares to existing shareholders. The ratio is 15,000,000 new equity shares for every 14,090,896 existing shares held (approximately 1.06:1). The issue price has been fixed at Rs. 10 per share. This is a significant capital-raising move, with the new shares slightly outnumbering the existing share base, which will result in substantial dilution if fully subscribed.
Existing shareholders will need to invest additional capital to maintain their proportional ownership. The large size of the rights issue relative to the current share base could significantly dilute existing shareholding. Shareholders should review their eligibility and decide whether to subscribe, renounce, or let rights lapse.