Description
BSE lists 1,40,91,896 new equity shares of Maha Rashtra Apex Corporation Ltd. issued on rights basis, effective May 14, 2026. Shares are pari-passu with existing equity.
Summary
BSE has notified trading members that 1,40,91,896 new equity shares of Maha Rashtra Apex Corporation Ltd. (Scrip Code: 523384) are listed and permitted to trade on the Exchange with effect from Thursday, May 14, 2026. The shares were issued at par (Rs. 10/- each) on a rights basis and carry ISIN INE843B01013.
Key Points
- 1,40,91,896 equity shares of Rs. 10/- each issued at par on rights basis are now listed on BSE
- Scrip Code: 523384 | ISIN: INE843B01013
- Distribution numbers: 14150101 to 28241996
- New shares rank pari-passu with the existing equity shares of the company
- Trading permitted from May 14, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notice under BSE’s Listing Operations for newly allotted securities.
Compliance Requirements
Trading members are informed to update their records and enable trading of the new securities under Scrip Code 523384 from the effective date. No additional compliance action is required from members beyond acknowledging the new share availability.
Important Dates
- Date of Allotment: May 4, 2026
- Effective Trading Date: May 14, 2026 (Thursday)
- Notice Date: May 13, 2026
Impact Assessment
The listing of these rights issue shares increases the total share count of Maha Rashtra Apex Corporation Ltd. The new shares are pari-passu with existing equity, meaning no preferential rights are created. Impact is limited to existing shareholders and active traders of this scrip; no broader market or systemic impact is expected.
Impact Justification
Routine listing notice for new equity shares issued on rights basis; limited market-wide impact, relevant primarily to existing shareholders and traders of this specific scrip.