Summary
Maha Rashtra Apex Corporation (MACL) was incorporated as a banking company in Apr.43 in the name of Maharashtra Apex Bank. Later in 1955, the branches were transferred to Canara Industrial and Banking Syndicate. The company was converted into a hire-purchase company and changed its name to the present one. It was promoted by the late Upendra Anantha Pai. The Company is engaged in the business of Hire Purchase and Leasing Business, Presently, the Company discontinued the operation and conentrated on recovery of Hire Purchase and Leasing Business.The company came out with a rights issue of 42.55 shares -- at a premium of Rs 5/- with detachable warrants, to consolidate its capital base and further augment its long-term resources and to broadbase and expand public holdings. The main activities Read More
Reports by Maha Rashtra Apex Corporation LTD
Reports by Maha Rashtra Apex Corporation LTD
