Maha Rashtra Apex Corporation

Maha Rashtra Apex Corporation Limited is a public company that is not currently engaged in Non-Banking Financial Company activities, operating under a Scheme of Arrangement approved by the court. The company's main philosophy is to maintain good Corporate Governance by implementing all possible measures to achieve this goal. Its present-day activities are exclusively focused on the recovery of its assets and the repayment of liabilities as specified in the court-sanctioned arrangement. As part of this arrangement, the company has cleared four full installments and is now paying the fifth installment to its deposit and bond holders. The company is also focused on repaying its past deposits, having issued a public notice for certificate holders to surrender them and collect their final dues. For the financial year, the company achieved a net profit after tax amounting to Rs. 769.35 lacs, showing significant growth from the previous year.;