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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Maha Rashtra Apex Corporation Ltd

Maha Rashtra Apex Corp Applies for Promoter Reclassification of T Satish U Pai

PLEDGE ◆ Monitor Closely LOW RISK
📅 Filed on BSE: 11 Jun 2026, 10:54 AM IST  ·  BSE ID: 420e4563-9ac5-4351-be18-11e3998b5a75
View Original BSE Filing (PDF)
💡
In Simple Terms
The company asked stock exchanges to move one of its promoters to the regular shareholder group.
🤖 AI Summary
  • Maha Rashtra Apex Corp applied to BSE & NSE for promoter reclassification.
  • T Satish U Pai is seeking reclassification from Promoter to Public.
  • The application covers 120 shares held by Mr. Pai.
  • This follows an earlier Board of Directors' decision on June 08, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Shares seeking reclassification
120
🏢 How This Affects the Company
⚠️
Risk Impact
This reclassification could impact future promoter-driven decisions or control dynamics, but the direct financial or operational impact is not immediate from this application.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this application.
👤
Who Is Affected
All shareholders are indirectly affected as promoter status changes can influence corporate governance perception.
🔍
Management Signal
This signals a step towards potentially altering the promoter group composition as approved by the board.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Stock exchange approval for T Satish U Pai's reclassification.
Updated shareholding pattern after reclassification approval.
Company announcements detailing any further steps or outcomes.
LOW RISK The filing concerns a regulatory process for reclassification, not an immediate financial event.
💡 Investor Takeaway
Maha Rashtra Apex Corporation Ltd submitted an application to BSE and NSE for reclassifying promoter T Satish U Pai to public shareholder category, involving 120 shares.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Reclassification request pertains to a minimal shareholding of 120 shares, indicating limited direct influence.
❓ Frequently Asked Questions
What is Maha Rashtra Apex Corporation Ltd applying for?
The company applied to the BSE and NSE for the reclassification of promoter T Satish U Pai to the public category.
How many shares are involved in the reclassification request?
The reclassification application pertains to 120 shares held by Mr. T Satish U Pai.
When was the board decision regarding this reclassification made?
The company had previously intimated a Board of Directors' decision in favour of reclassification on June 08, 2026.
Which SEBI regulation governs this promoter reclassification?
This application is made pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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