Maha Rashtra Apex Corporation Share Price Today

Maha Rashtra Apex holds AGM, appoints new MD, cites qualified audit

Maha Rashtra Apex held its 82nd AGM on August 24, 2026, via video conferencing. Shareholders appointed Cyrus D Khambata as managing director and Jamsheed Minoo Panday as whole-time director. K. B. Shetty was redesignated as an independent director for a five-year term. The statutory audit report for FY26 was qualified, with management responses provided to members.

Maha Rashtra Apex signs deal to market Paulownia timber in India

Maha Rashtra Apex Corporation Limited approved a new venture to market Paulownia timber via a channel partnership with WGW Agreen Private Limited. Approved on August 13, 2026, the deal allows Maha Rashtra Apex to build distribution networks for hybrid tissue-cultured trees, including the Phoenix One® variety. The strategy focuses on connecting with timber traders and manufacturers ahead of future supply availability.

Maha Rashtra Apex Q1 Results: Consolidated profit up 85% YoY to ₹347.6 lakh

Maha Rashtra Apex reported a consolidated net profit of ₹347.61 lakh for Q1FY27, driven by a recovery in associate profits. Standalone profit fell 24% to ₹104.11 lakh. Auditors issued a qualified opinion due to unprovided interest costs of ₹393.73 lakh cumulatively.

Maha Rashtra Apex posts ₹271.41 lakh PAT in FY26, calls AGM

Maha Rashtra Apex Corporation Limited posted a standalone net profit of ₹271.41 lakhs for FY26, a decline from ₹1,169.14 lakhs in FY25, driven by reduced dividend income from associates. The company’s revenue from operations rose to ₹214.09 lakhs. The 82nd AGM, scheduled for August 24, 2026, will address financial approvals and key management changes, including the appointment of Cyrus D Khambata as Managing Director. Consolidated results showed a loss of ₹686.72 lakhs due to losses from associates.

Maha Rashtra Apex corrects board meeting date on reclassification

Maha Rashtra Apex Corporation Limited corrected a date error in its June 8 board meeting outcome, confirming the approval of T. Satish U. Pai's reclassification from promoter to public shareholder, pending exchange approval.

Maha Rashtra Apex closes trading window from July 1 till Q1FY27 results

Maha Rashtra Apex Corporation Ltd closed its trading window from July 1, 2026, until the announcement of Q1FY27 results to prevent insider trading. The window will reopen 48 hours after the results are declared.