Maha Rashtra Apex Corporation Limited has informed the Exchange regarding 'Intimation of International Securities Identification Number ( ISIN ) for the rights entitlements to be credited for the purpose of Rights Issue.'.
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Maha Rashtra Apex Corporation Limited has informed the exchanges about the ISIN (INE843B20013) assigned to the rights entitlements for its upcoming Rights Issue. The company has coordinated with NSDL and CDSL to credit these rights entitlements in dematerialized form to eligible shareholders' demat accounts before the issue opens. This is a procedural filing required by SEBI rights issue circulars ahead of the actual rights issue opening. No pricing, ratio, or issue size details are provided in this particular intimation.
For existing shareholders, this confirms that a rights issue is in the pipeline and entitlements will be credited to their demat accounts. Investors should watch for the formal letter of offer with the rights ratio, price, and record date to assess dilution and decide whether to subscribe.