|₹124.35 / ₹63.05|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
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. T Ramesh U Pai is the Chairman of MACL and T Sudhakar Pai is the Managing Director. The group companies are ICDS, Manipal Finance Corporation, Canara Steel and Karnataka Consumer Products. The company came out with a rights issue of 42.