Maha Rashtra Apex Corp's Monitoring Report confirms the Rs 14.09 Cr Rights Issue proceeds are utilized as intended, with no deviations. Unutilized funds are strategically placed in bank Fixed Deposits, awaiting deployment for stated objectives.
Maha Rashtra Apex Corporation's board approved a new business: marketing & distribution of Kiri/Paulownia Tree Timber. Partnering with WGW Agreen Pvt. Ltd., the company aims to develop India's market for this high-potential timber.
Maha Rashtra Apex Corporation's board approved Q1 financial results. Consolidated Profit After Tax for the quarter ended June 30, 2026, was ₹3.48 Cr, with Basic EPS at ₹1.23. The company also saw proceeds from an associate's share buyback.
MahaRashtra Apex's Board re-appointed Ms. Nita J. Desai as Internal Auditor for FY27. They also approved the notice for the 82nd Annual General Meeting on August 24, 2026, and the Board's Report for the financial year 2025-26.