Maha Rashtra Apex Corporation Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate confirms the company's adherence to dematerialization requirements as mandated by the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Submission

The company filed the certificate with both BSE Limited (Scrip Code: 523384) and National Stock Exchange of India Limited (Scrip Code: MAHAPExLTD) on April 2, 2026. Company Secretary and Compliance Officer Jamsheed M Panday digitally signed the submission at 11:15:04 AM.

The certificate was issued by M/s Purva Sharegistry (I) Pvt. Limited, the company's Registrar and Share Transfer Agent, which holds SEBI registration number INR000001112 as a Category 1 Registrar for IPO and Share Transfer services.

Dematerialization Activity Summary

During the quarter ended March 31, 2026, the company processed significant dematerialization activity involving multiple shareholders. The registrar confirmed that all securities received from depository participants were properly processed within prescribed timelines.

Shareholder Participation Details

The dematerialization process involved various shareholders with different transaction volumes. Notable participants included T Raghavendra Setty with the highest number of certificates processed, followed by U Prathima Shenai and other individual shareholders.

Key Dematerialization Dates

• January 1, 2026: K Guruprasad Upadhya and K V Guruprasad Upadhya (400 shares)
• January 14, 2026: B Shivananda Prabhu (400 shares)
• March 30, 2026: U Prathima Shenai (674 shares)

Compliance Confirmation

Purva Sharegistry confirmed that all security certificates received for dematerialization were properly verified, mutilated, and cancelled after due verification by depository participants. The registrar substituted the names of depositories in the register of members as registered owners within prescribed timelines.

Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified the completion of all regulatory requirements for the quarter. The confirmation ensures that dematerialized securities maintain their listing status on stock exchanges where the company's securities are traded.

Maha Rashtra Apex Corporation Limited has announced a rights issue of equity shares, publishing newspaper advertisements in compliance with SEBI regulations and setting the record date for eligible shareholders.

Rights Issue Details

The company has announced the issue of up to 1,40,91,896 equity shares of face value ₹10.00 each at an issue price of ₹10.00 per equity share, aggregating up to ₹1,409.19 lakhs. The rights issue will be offered to existing equity shareholders in the ratio of 1:1, meaning one rights equity share for every one fully paid-up equity share held on the record date.

Issue Timeline

The rights issue follows a structured timeline with specific dates for application and renunciation processes. The issue will remain open for 28 days, with the rights issue committee having the authority to extend the period up to 30 days from the opening date.

Application Process and Requirements

All investors must use the Application Supported by Blocked Amount (ASBA) process for applications in this issue, as mandated by SEBI ICDR Regulations. The rights entitlements will be credited to shareholders' demat accounts and will be tradable on stock exchanges under ISIN INE843B20013.

Key application requirements include:

• Mandatory use of ASBA process for all applications
• Rights entitlements credited in dematerialized form only
• Shareholders holding physical shares must provide demat account details at least two working days before issue closing date
• Applications can be made through designated branches of Self Certified Syndicate Banks (SCSBs)

Regulatory Compliance

The company has published newspaper advertisements on March 29, 2026, in compliance with Regulation 84 of SEBI ICDR Regulations. The advertisements were published in three newspapers:

• Financial Express (English) - National daily
• Janasatta (Hindi) - National daily
• Vishwani (Kannada) - Regional daily for registered office location

The Letter of Offer was filed with BSE Limited and National Stock Exchange on March 11, 2026, and is available on SEBI's website for public access.

Trading and Listing Information

The company's existing equity shares are currently listed and traded on BSE (Scrip Code: 523384) and NSE (Symbol: MAHAPEXLT) under ISIN INE843B01013. The rights equity shares will be credited to a temporary ISIN initially, which will be converted to the permanent ISIN upon receipt of final listing and trading approvals from stock exchanges.

Purva Sharegistry (India) Private Limited serves as the registrar to the issue, while ICICI Bank Limited acts as both the allotment account bank and refund bank for the rights issue.