Maha Rashtra Apex Corporation Limited has announced the International Securities Identification Number (ISIN) for rights entitlements under its upcoming rights issue. The company informed BSE Limited and National Stock Exchange of India Limited on March 13, 2026, regarding the allocation of ISIN for rights entitlements to be credited to eligible equity shareholders.

Rights Entitlements ISIN Details

The company has been allocated ISIN INE843B20013 for the rights entitlements under the proposed rights issue. This ISIN will be used for crediting rights entitlements in dematerialized form to the demat accounts of eligible equity shareholders.

Regulatory Compliance and Arrangements

The announcement follows compliance with SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020, read with SEBI circular SEBI/HO/CFD/SSEP/CIR/P/2022/66 dated May 19, 2022. The company also referenced SEBI Circular No. HO/49/14/14(2)2026-CFD-POD2/I/4518/2026 issued on June 21, 2023, and last updated on March 9, 2026.

Maha Rashtra Apex Corporation Limited has made necessary arrangements with both National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) for the credit of rights entitlements. The rights entitlements of eligible equity shareholders as on the record date will be credited to their respective demat accounts under the specified ISIN prior to the issue opening date.

Company Information and Communication

The intimation has been shared with both major stock exchanges where the company is listed:

The company has also uploaded this information on its official website at www.maharashtraapex.com for public access. The communication was signed by Jamsheed Minoo Panday, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols are followed.

Maha Rashtra Apex Corporation Limited, established in 1943, operates from its registered office at 3rd Floor, Front Wing North Block, Manipal Centre, 47 Dickenson Road, Bengaluru. The company maintains its corporate identification number as L85110KA1943PLC001177.

Maha Rashtra Apex Corporation Limited has officially announced the detailed terms of its rights issue following the board meeting held on March 11, 2026. The company confirmed March 20, 2026, as the record date for determining eligible shareholders, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting Outcome and Regulatory Compliance

The board of directors, in their meeting conducted from 12:30 PM to 5:00 PM on March 11, 2026, finalized the comprehensive rights issue structure. Company Secretary and Compliance Officer Jamsheed Minoo Panday communicated the outcome to both BSE Limited and National Stock Exchange of India Limited on the same day.

Rights Issue Structure and Financial Terms

The rights issue follows the in-principle approval received from National Stock Exchange of India Limited and BSE Limited dated March 05, 2026, and March 04, 2026, respectively. The offering provides existing shareholders with an opportunity to subscribe to additional equity shares at par value.

Implementation Timeline and Market Process

The company has established a detailed timeline for the rights issue implementation, providing shareholders with adequate time for participation and market renunciations. The rights entitlements will be credited in dematerialized form to eligible shareholders' demat accounts.

Share Capital Impact and Advisory Appointment

Upon completion assuming full subscription, the rights issue will increase the company's outstanding equity shares from 1,40,91,896 shares to 2,81,83,792 shares, maintaining the face value of Rs. 10 per share. T&S Law has been appointed as Advisor to the rights issue, with the Letter of Offer adopted by the board for filing with both stock exchanges.