Maharashtra Corporation Limited has announced the appointment of Mr. Rakesh Kothari as its Company Secretary and Compliance Officer. The decision was taken by the Board of Directors in its meeting held on May 23, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Mr. Kothari has been designated as Key Managerial Personnel of the company effective from the same date. He is a qualified Company Secretary with membership number A45882. The appointment has been made in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Appointment

The company provided specific details regarding the change in its Key Managerial Personnel in an annexure to its regulatory filing. The appointment follows standard corporate governance procedures required for listed entities.

Mr. Rakesh Kothari brings experience in dealing with matters related to the Companies Act, Listing Regulations, and allied laws. The intimation regarding this appointment was submitted to the stock exchanges to ensure compliance with the applicable provisions of the SEBI Listing Regulations.

Maharashtra corporation Limited has announced a mandatory trading window closure for designated persons ahead of its quarterly and annual results declaration. The company notified BSE Limited on March 25, 2026, regarding this regulatory compliance measure.

Trading Window Closure Details

The trading window will remain closed for all designated persons from Wednesday, April 1, 2026, until 48 hours after the declaration of financial results for the quarter and financial year ended March 31, 2026. This closure affects trading in Maharashtra Corporation Limited securities during the specified period.

Regulatory Compliance

The trading window closure is implemented pursuant to SEBI (Prohibition of Insider Trading) Regulation, 2015, read with BSE Circular No. LIST/COMP/01/2019-20 dated April 2, 2019. This regulatory framework mandates such closures to prevent insider trading during sensitive periods when material information may be available to designated persons.

Company Information

Maharashtra Corporation Limited operates from its registered office at 907-908, Dev Plaza, 9th Floor, Opp. Andheri Fire Station, S V Road, Andheri - West, Mumbai-400058, Maharashtra. The company trades on BSE with scrip code 505523 under the scrip ID MAHACORP. The notification was signed by Director Tilokchand Kothari (DIN: 00413627) on behalf of the company.