New Delhi, March 31 -- Maha Rashtra Apex Corporation's rights issue will open later this month, giving eligible shareholders a chance to subscribe to additional shares. This is the first rights issue by the company and amounts to Rs.14.09 crore.

In a rights issue, a company offers its existing shareholders a chance to buy more shares, usually at a discounted price. Investors have the option to also ignore the offer, but it may result in dilution of ownership.

The company's board earlier this month approved a rights issue of shares. The record date for the purpose of the rights issue was fixed as March 20, 2026, meaning that only those investors who held the shares as of the date will be eligible to participate in the corporate action. ...