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Incorporated in 1943, Maha Rashtra Apex Corporation Ltd is engaged in financial activities and other related services
Maha Rashtra Apex Corp's Monitoring Report confirms the Rs 14.09 Cr Rights Issue proceeds are utilized as intended, with no deviations. Unutilized funds are strategically placed in bank Fixed Deposits, awaiting deployment for stated objectives.
Maha Rashtra Apex Corporation's board approved a new business: marketing & distribution of Kiri/Paulownia Tree Timber. Partnering with WGW Agreen Pvt. Ltd., the company aims to develop India's market for this high-potential timber.
Company applied to reclassify a promoter to the 'public' category. This individual holds 120 shares (0% stake). Exchange approval is now awaited.
Intimation Under Regulation 30 And Regulation 31A Of SEBI (LODR) Regulations, 2015 - Reclassification Of Promoter To Public Category
Maha Rashtra Apex Limited's 1.41 Cr Rights Issue shares received listing approvals. Trading is delayed pending CDSL confirmation and exchange formalities for forfeited shares. Allotment remains unaffected. Company is expediting; new trading date soon.