Maha Rashtra Apex Corporation has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for May 26, 2026. The meeting has been called to consider and approve the audited financial results of the company for the quarter and year ended March 31, 2026. The intimation was issued on May 18, 2026, and is in compliance with applicable SEBI listing regulations.

Board Meeting Details

The following key details pertain to the scheduled board meeting:

Regulatory Disclosure

The board meeting intimation was filed pursuant to Regulation 29(1) read with Regulation 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited. The intimation was signed by Jamsheed M Panday, Company Secretary and Compliance Officer of Maha Rashtra Apex Corporation, on May 18, 2026.

Maha Rashtra Apex Corporation Limited has issued a corrigendum to the Basis of Allotment intimation published on May 08, 2026, in relation to its Rights Issue of Equity Shares. The corrigendum, filed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, informs eligible shareholders that the commencement of trading in the Rights Equity Shares is taking longer than anticipated due to pending procedural requirements. The intimation was signed by Jamsheed Minoo Panday, Company Secretary and Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited.

Background of the Rights Issue

The Company had allotted 14,091,896 equity shares under its Rights Issue, with the Basis of Allotment intimation originally published on May 08, 2026. Listing approvals from both BSE Limited and National Stock Exchange of India Limited were received on May 06, 2026. Despite these approvals being in place, trading in the Rights Equity Shares has not yet commenced.

Reasons for the Delay

The Company has cited two specific reasons for the delay in commencement of trading:

• Pending receipt of the credit confirmation letter from Central Depository Services (India) Limited ("CDSL")
• Completion of updation of the forfeiture of shares of an earlier year, involving related procedural formalities with the Stock Exchanges

The Company has stated that it is actively coordinating with CDSL and the Stock Exchanges to expedite the completion of the remaining procedural formalities.

Key Details of the Corrigendum

The following table summarises the key parameters of the corrigendum:

Allotment Unaffected

The Company has explicitly clarified that there is no impact on the allotment of the Rights Equity Shares pursuant to the Rights Issue. All other terms and disclosures contained in the Basis of Allotment intimation published on May 08, 2026 remain unchanged. The revised date of commencement of trading of the Rights Equity Shares will be intimated separately once the aforesaid confirmation from CDSL is received and the related procedural formalities are completed.