Maha Rashtra Apex Corporation Limited has informed the Exchange about General Updates
MAHAPEXLTD · price
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The company has received listing approvals from BSE and NSE on May 6, 2026, for 14,091,896 equity shares issued under a Rights Issue. However, trading in the Rights Equity Shares is delayed because the credit confirmation letter from CDSL (Central Depository Services) is still pending, and some procedural formalities with the stock exchanges related to forfeited shares need to be completed. The company clarifies that there is no impact on the allotment itself, and the revised trading commencement date will be intimated separately once all formalities are complete.
The delay is administrative in nature and does not affect the validity of the rights issue allotment. Shareholders who received rights shares should expect trading to begin once CDSL and exchange formalities are finalized, with no clarity yet on the exact date.