Maha Rashtra Apex Corporation Limited announced today, December 18, 2025, that its Board of Directors has approved a Rights Issue to raise funds up to ₹15 crore. The funds will be raised through the issuance and allotment of equity shares with a face value of ₹10 each. The terms of the Rights Issue will be decided by the Board or a duly constituted committee at a later date, subject to the record date notification and receipt of necessary regulatory and statutory approvals. This decision was made during a Board Meeting held on December 18, 2025, which commenced at 12:00 Noon and concluded at 3:00 PM. The company also approved the formation of a Rights Issue Committee to manage the terms and conditions of the issue, and the appointment of a Banker to the issue and RTA. Further details regarding the Rights Issue, including the type of securities (Equity Shares) and the total amount (not exceeding ₹15 crore), are available on the company's website.