Maha Rashtra Apex Corporation Limited announced today, December 18, 2025, that its Board of Directors has approved a Rights Issue to raise funds. The company plans to issue equity shares with a face value of ₹10 each, for an aggregate amount not exceeding ₹15,00,00,000 (Rupees Fifteen Crore). This Rights Issue will be offered to eligible equity shareholders on a record date to be notified subsequently. The terms and conditions of the issue will be decided by the Board or a duly constituted committee. The approval is subject to obtaining necessary regulatory and statutory approvals, in accordance with the Companies Act, 2013, and SEBI regulations. The Board also approved the formation of a Rights Issue Committee with delegated powers and the appointment of a Banker to the issue and a Registrar and Transfer Agent (RTA). The Board meeting commenced at 12:00 Noon and concluded at 03:00 PM on December 18, 2025. The disclosure is also available on the company's website.