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Maharashtra Corporation Rights Issue 2022 Date, Price, Allotment & Ratio

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Maharashtra Corporation Rights issue date is to open on July 19 and will close on August 2. The Maharashtra Corporation Rights issue record date is July 8, 2022. The company is to offer 49.62 Crores equity shares at a price of ₹1 per share. The Maharashtra Corporation Rights issue size will be ₹49.62 Crores. The entitlement ratio is 11:3, 11 rights share for every 3 fully-paid equity shares held on the record date. Check out Maharashtra Corporation rights issue details.

Maharashtra Corporation Limited is involved in the business of commodity trading and real estate. The company is doing business of investing, trading, and distribution of textiles products, such as gunnies, handicrafts, hessian, tea, shellac, tobacco, hides, skins, kapocks, cotton, cotton goods, myrobalan, nux, indigo, oils, oilcakes, fertilizers, manure, rubber, dates, rice, seeds, chemicals, colour, paints, pigments, timber, iron, steel, carpets and all kinds of goods, products, commodities, articles and things manufactured from or contained in any manner and from any of the foregoing commodities and all goods, products, commodities, articles, and things.

Maharashtra Corporation

    Maharashtra Corporation Rights Issue 2022 Dates & Time Table

     Rights Issue Open: July 19, 2022
     Rights Issue Close: August 2, 2022
     Rights Record Date: July 8, 2022
     Deemed Date of Allotment 2022
     Renunciation of Rights Entitlements July 27, 2022

    Maharashtra Corporation Rights Issue 2022 Offer Details

     Rights Issue Size: Approx ₹49.62 Crores
     Price Band: ₹1 Per Equity Share
     Face Value: ₹1 Per Equity Share
     Listing on: BSE
     Entitlement Ratio:  11:3 (11 rights share for every 3 shares)
     Equity: 49.62 Crores Equity Share
     Letter of Offer: Click Here
     Application Form: Click Here
     Live Share Price: Click Here

    Maharashtra Corporation Rights Issue 2022 Form & How to Apply

    How to apply the Maharashtra Corporation Rights issue? You can check Maharashtra Corporation Rights issue details on click here. You can apply the Maharashtra Corporation Rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.

    Maharashtra Corporation Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2020₹0.02₹0.09₹0.07
    2021₹0.42₹0.41₹0.01
    2022₹0.00₹0.66₹0.66

    Maharashtra Corporation Rights Issue 2022 Allotment Status

    Adroit Corporate Services Pvt Ltd
    Phone: 91- 22- 2859 6060/2859 4060
    Website: http://www.adroitcorporate.com

    Check Maharashtra Corporation Rights issue on Adroit Corporate website allotment URL. Click Here

    Maharashtra Corporation Rights Issue 2022 Lead Managers

    • CapitalSquare Advisors Pvt. Ltd.

      Company Address:

      Maharashtra Corporation Iimíted
      907/908, Dev Plaza,
      S.V. Road, Andheri (West),
      Mumbai – 400058
      Phone: 022-67424815
      Website: http://mcl.visagar.com/

      Maharashtra Corporation Rights Issue 2022 FAQs:

      When is Maharashtra Corporation Rights Issue 2022 Record Date?

      Maharashtra Corporation Rights Issue 2022 record date is July 8, 2022.

      What is Maharashtra Corporation Rights Issue 2022 Price?

      The company has fixed the price at ₹1 per equity share.

      What is the Maharashtra Corporation Rights Issue 2022 Ratio?

      The company has fixed the ratio (11:3), 11 Rights Equity Share for every 3 Equity Shares as on record date.

      How to apply for Maharashtra Corporation Rights Rights Issue 2022?

      As per the record date you need to have Maharashtra Corporation Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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