Maha Rashtra Apex Corporation Ltd

Raising of funds through issuance and allotment of equity shares of face value of Rs. 10 each (Equity Shares) for up to an aggregate amount of up to Rs. 150000000 (Rupees Fifteen Crore only) on Rights basis on such terms (as decided by the Board of Directors or a duly constituted committee of the Board of Directors at a later date) to the eligible equity shareholders of the Company as on the record date (to be notified subsequently) subject to receipt of regulatory/statutory approvals in accordance with the provisions of Section 62(1)(a) of the Companies Act 2013 and the rules made thereunder and the applicable laws including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 as amended and SEBI Listing Regulations (Rights Issue).