Maha Rashtra Apex Corporation has corrected a typographical error in its regulatory filing regarding the reclassification of a shareholder from the promoter to the public category. The company clarified that the board meeting was held on June 8, 2026, not August 8, 2026, as erroneously stated in the initial disclosure.

The board meeting, which commenced at 10:00 AM and concluded at 10:30 AM on June 8, 2026, approved the request to reclassify T. Satish U. Pai from the promoter category to the public category. This change in shareholding classification is subject to the approval of the stock exchanges.

The correction pertains solely to the date mentioned in the body of the letter. All other contents of the original disclosure regarding the reclassification remain valid and unchanged.

Maha Rashtra Apex Corporation Limited has closed its trading window for designated persons and their immediate relatives starting July 1, 2026, to prevent insider trading. The restriction will remain in effect until the company announces its unaudited financial results for the quarter ending June 30, 2026. This measure is in accordance with the company's Code of Conduct for the prevention of Insider Trading.

The decision to shut the trading window aligns with regulatory compliance protocols aimed at ensuring fair market practices during the period leading up to financial disclosures. The window is scheduled to reopen 48 hours after the results are made public. The specific date for the board meeting to consider and approve the financial results will be communicated separately.

Key Dates and Details

The closure applies to all designated persons within the organization, including their immediate relatives, prohibiting them from dealing in the company's shares during the specified period. This step ensures that sensitive financial information is not utilized for trading advantages prior to public release.