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Incorporated in 1943, Maha Rashtra Apex Corporation Ltd is engaged in financial activities and other related services
Maha Rashtra Apex clarified a previous board meeting outcome. Directors approved reclassification of Mr. T. Satish U. Pai from Promoter to Public category, subject to requisite approvals. This shifts the company's ownership structure.
Maha Rashtra Apex Corporation launched a ₹14.09 Cr Rights Issue (1:1 ratio at ₹10/share). Funds will repay ₹1.16 Cr advances and settle ₹12.25 Cr under a Scheme of Arrangement. Majority promoters will subscribe. The auditor noted unprovided interest costs, while the company focuses on dues recovery.
MAHARASHTRA APEX CORPORATION has confirmed the ISIN (INE843B20013) for its Rights Entitlements. Arrangements are complete for eligible shareholders to receive these in their demat accounts before the Rights Issue opening.
Maha Rashtra Apex Corporation Limited has announced a board meeting on February 10, 2025, to approve the financial results for the quarter and nine months ending December 31, 2024. **Consolidated Financials:** For the quarter, the total income stood at ₹737.65 crore, showing a significant increase compared to the previous quarter....
Maha Rashtra Apex Corporation Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.