NSEGeneral Updates13 Aug 2026 · 13 Aug 2026, 02:55 pm
General Updates
Maha Rashtra Apex Corporation Limited · MAHAPEXLTD
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Maha Rashtra Apex Corporation Limited has informed the Exchange about General Updates, specifically initiating a new activity of undertaking the marketing and distribution of Kiri/Paulownia Tree Timber and products made therefrom.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Maha Rashtra Apex Corporation Limited has informed the Exchange about General Updates
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MAHAPEXLTD_13082026145347_Reg_30_New_business.pdf
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13th August 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers “Exchange Plaza”
Dalal Street Bandra-Kurla Complex, Bandra (E)
Mumbai – 400001 Mumbai – 400051
Scrip Code: 523384 Scrip Code: MAHAPEXLTD
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
The Company wishes to inform the Stock Exchanges that the Board of Directors of Maha Rashtra Apex
Corporation Limited (“Company”), at its meeting held on 13th August, 2026, accorded its approval for
initiating a new activity of undertaking the marketing and distribution of Kiri/Paulownia Tree Timber
and products made therefrom.
The proposed business activity will involve developing the market and distribution network for
Paulownia/Kiri timber in India, including identifying and establishing relationships with timber traders,
manufacturers, furniture and other wooden-product manufacturers, and other potential customers.
The Company proposes to undertake the said activity as a channel partner for WGW Agreen Private
Limited., which has secured exclusive rights in India for promotion, plantation, sale and distribution of
hybrid tissue-cultured Paulownia Trees, including the Phoenix One® variety.
The proposed initiative is intended to create and develop a market for Paulownia timber in India and
establish suitable distribution channels in anticipation of the availability of timber from plantations in
the coming years.
The Company shall make further disclosures to the Stock Exchanges, as and when required under the
applicable provisions of the SEBI LODR Regulations.
For Maha Rashtra Apex Corporation Limited
(Arvind Ganesh Mallya)
Company Secretary& Compliance Officer