523384 - Stock Market Circulars

Listing of New Securities of Maha Rashtra Apex Corporation Ltd. (Scrip Code: 523384)

Wed, 13 May 2026 12:19:48 +0000

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.

Forfeiture of Equity Shares of Maha Rashtra Apex Corporation Ltd.

Tue, 12 May 2026 10:49:23 +0000

Summary

BSE has notified trading members that Maha Rashtra Apex Corporation Ltd. (Scrip Code: 523384) has forfeited 58,204 equity shares of Rs. 10/- each. These shares were partly paid-up and were forfeited due to non-payment of allotment/call monies by the respective shareholders.

Key Points

Company: Maha Rashtra Apex Corporation Ltd. (Scrip Code: 523384)
Number of shares forfeited: 58,204 equity shares
Face value: Rs. 10/- per share
Reason for forfeiture: Non-payment of allotment/call monies on partly paid-up shares
Distinctive numbers of forfeited shares are provided in Annexure-I of the notice

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification under BSE Listing Operations.

Compliance Requirements

Trading members are informed for record and reference purposes. No specific compliance action is required from trading members. The forfeiture of shares is a corporate action by the company in accordance with applicable company law provisions for non-payment of call money.

Important Dates

Notice Date: 12 May 2026
Notice Number: 20260512-14

Impact Assessment

The forfeiture affects a limited number of partly paid-up shares (58,204) and is a routine corporate action with minimal market impact. The affected shares will be cancelled and may be re-issued by the company. Existing fully paid-up shareholders are not directly impacted. The overall float and trading of the scrip on BSE remains largely unaffected given the small quantum of shares involved.