Maha Rashtra Apex Corporation Rights Issue 2026 Details, Record Date, Issue Price

Maha Rashtra Apex Corporation Rights Issue details are now available. The firm plans to issue 1,40,91,896 equity shares amounting to Rs 14.09 crores. Maha Rashtra Apex Corporation Rights issue price is Rs 10 per share, and the face value is Rs 10 per share.

Maha Rashtra Apex Corporation Rights Issue open date is April 2, 2026 and the close date is April 30, 2026. Maha Rashtra Apex Corporation rights issue entitlement ratio is 1:1, which is 1 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the record date.

Maha Rashtra Apex Corporation Rights Issue record date is March 20, 2026. The last date to buy shares of Maha Rashtra Apex Corporation is March 19, 2026. This rights Issue subscription status will be available soon.

Maha Rashtra Apex Corporation Rights Issue allotment date, credit date and the listing date will be available soon. However, the listing will be on the BSE and NSE.

Maha Rashtra Apex Corporation rights issue registrar is Purva Sharegistry (India) Pvt.Ltd. and the book-running lead manager(s) for this rights issue will be available soon.

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Maha Rashtra Apex Corporation Rights Issue Details

Maha Rashtra Apex Corporation Rights Issue details are as follows: the company plans to issue 1,40,91,896 equity shares, aggregating the amount of Rs 14.09 crores. Maha Rashtra Apex Corporation Rights issue price is Rs 10 per share. The rights issue entitlement ratio is 1:1, which is 1 Rights Equity Shares for every 1 fully paid-up equity share(s).

Maha Rashtra Apex Corporation Rights Issue Dates

Maha Rashtra Apex Corporation Rights issue record date is March 20, 2026 and the last date to buy shares of Maha Rashtra Apex Corporation is March 19, 2026.

Maha Rashtra Apex Corporation Rights Issue Subscription

Maha Rashtra Apex Corporation Rights Issue subscription status will be available after the issue goes live. The details of the Rights Issue entitlement are 1 Rights Equity Share(s) for every 1 fully paid-up Equity Share(s) held on the Record Date. Maha Rashtra Apex Corporation issue price is Rs 10 per share.

Maha Rashtra Apex Corporation Limited: About the Company

Maha Rashtra Apex Corporation Limited traces its roots back to 1943, when late Upendra Anantha Pai founded it as Maharashtra Apex Bank Ltd under the Companies Act, 1913. That vision took shape in banking before shifting gears in 1955, when Reserve Bank of India advice led to transferring branches to Canara Industrial and Banking Syndicate Ltd—now Syndicate Bank—prompting a refund of major share capital and a pivot to hire purchase operations with a name change. Pai, also the mind behind Syndicate Bank, laid groundwork for what became one of India's enduring financial outfits, later absorbing General Investments Trusts Ltd via Karnataka High Court order.

Today, headquartered at Syndicate House in Manipal with a lean team of 19, the company centers on leasing, hire purchase, bill discounting, and recovery from past deals, alongside broader financial services. From Bengaluru's registered office, it navigates investments and loans, reflecting eight decades of adaptation in India's evolving finance landscape—where old-school hire purchase meets modern recovery focus. These legacy underscores steady involvement in niche lending, even as markets shift. 

Maha Rashtra Apex Corporation Limited Financials (Amount in Rs crore)

Maha Rashtra Apex Corporation Rights Issue Registrar

Maha Rashtra Apex Corporation rights issue registrar is Purva Sharegistry (India) Pvt.Ltd. and the book-running lead manager(s) for this rights issue will be available soon.

FAQs

1. What are the details of the Maha Rashtra Apex Corporation Rights Issue?

Maha Rashtra Apex Corporation Rights Issue details are as follows: Maha Rashtra Apex Corporation plans to issue 1,40,91,896 equity shares amounting to Rs 14.09 crores. Maha Rashtra Apex Corporation Rights issue price is Rs 10 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 1:1, which is 1 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

2. Maha Rashtra Apex Corporation Rights Issue open date and close date?

Maha Rashtra Apex Corporation Rights Issue's open date is April 2, 2026, and the closing date is April 30, 2026. Maha Rashtra Apex Corporation Rights Issue record date is March 20, 2026. The last date to buy shares of Maha Rashtra Apex Corporation is March 19, 2026.

3. How can I apply for the Maha Rashtra Apex Corporation Rights Issue?

You can apply for Maha Rashtra Apex Corporation in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Maha Rashtra Apex Corporation Rights Issue?

Maha Rashtra Apex Corporation rights issue entitlement ratio is 1:1, which is 1 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

5. How can I check the Maha Rashtra Apex Corporation Issue Allotment Status?

The registrar for the Maha Rashtra Apex Corporation rights is Issue Purva Sharegistry (India) Pvt.Ltd., investors can check the allotment status by visiting the registrar's website.

6. From where can I get the Maha Rashtra Apex Corporation Rights Issue Letter of Offer?

You can download the Maha Rashtra Apex Corporation Rights Issue Letter of Offer from here.

7. What is the listing date of the Maha Rashtra Apex Corporation Rights Issue?

The Maha Rashtra Apex Corporation Rights Issue listing date will be available soon. However, the listing will be on the BSE and NSE.

8. Who is the registrar and the lead manager of the Maha Rashtra Apex Corporation Rights Issue?

Maha Rashtra Apex Corporation rights issue registrar is Purva Sharegistry (India) Pvt.Ltd. and the book-running lead manager(s) for this rights issue will be available soon.

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