Maha Rashtra Apex Board Meeting Approves Auditor Reappointment and 82nd AGM Notice
The Board of Directors of Maha Rashtra Apex Corporation Limited, in a meeting held on July 24, 2026, approved several key corporate decisions, including the re-appointment of the company's Internal Auditor, and finalized the notice for the upcoming 82nd Annual General Meeting (AGM).
A significant decision taken at the board meeting was the approval of Ms. Nita J. Desai as the Internal Auditor for the financial year 2026-27. The Board approved this re-appointment on terms and conditions that will be mutually agreed upon between the Internal Auditor and the Board of Directors.
Ms. Nita J. Desai, who is an active member of ICAI with membership No. 108088, was appointed to conduct internal audits for the specified financial year. Ms. Desai possesses more than 24 years of experience as a Chartered Accountant.
Key details regarding the appointment are summarized below:
| Attribute | Details |
|---|---|
| Name of Internal Auditor | Ms Nita J Desai |
| Term of Appointment | Financial Year 2026-27 |
| Date of Appointment | July 24, 2026 |
| Auditor Profile | Ms. Nita J. Desai is a Chartered Accountant based in Mumbai (A/101 Manish Rose CHS). |
In addition to the audit appointment, the Board approved the notice convening the company's 82nd Annual General Meeting. This AGM is scheduled to be held on Monday, August 24, 2026, at 11:00 A.M. (IST) and will be conducted through Video Conferencing or other AudioVisual Means.
The Board meeting also approved the comprehensive Board's Report, which includes the Management Discussion and Analysis Report along with all accompanying annexures for the Financial Year 2025-26. The board meeting commenced at 12:00 noon and concluded at 12:30 p.m.
MAHAPEXLTD Stock Price Movement
Shares of Maha Rashtra Apex Corporation Limited are shedding value as of 12:52 PM, dropping 0.84% in live trading and resting at ₹43.65. The equity has traded within a tight intraday range, with the stock hitting a low of ₹42.00 after 7,062 shares have been recorded in the market so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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