Maharashtra Corporation reported a widened net loss of ₹36.62 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹8.72 crore in the previous year. Total income from operations for FY26 stood at ₹10.93 lakh, a sharp decline from ₹155.01 crore in FY25. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

For the fourth quarter of FY26, the company recorded a net loss of ₹1.55 lakh, with total income from operations at ₹6.46 lakh. In the corresponding quarter of the previous year, the company had reported a net loss of ₹76.32 lakh. The earnings per share (EPS) for FY26 was reported at (₹0.01), compared to ₹0.00 in the previous year.

The financial results were published in newspapers on May 31, 2026, in compliance with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the newspaper clippings to the stock exchange on June 1, 2026.

Financial Performance Summary

The trading window for dealing in securities by specified persons, which was closed effective April 1, 2026, will reopen 48 hours after the financial results were made public. The meeting notice was signed by Director Tilokchand Kothari on behalf of the company.

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.