MAHARASHTRA SEAMLESS LTD.

Mr. Arup Mandal, Chief Financial Officer of Maharashtra Seamless Ltd, has tendered his resignation from his position. The resignation will be effective from the closure of business on July 2, 2026. The company has provided a detailed disclosure as required by SEBI Listing Regulations, stating that the reason for resignation is personal. The resignation letter has been enclosed with the filing.

Odd & Even Trades & Finance Limited, a promoter group entity, has acquired an additional 1.28% stake in Maharashtra Seamless Limited through open market transactions. The acquisition, which occurred between March 30, 2026, and June 30, 2026, increased their total holding from 18.16% to 19.44%. The total number of shares held by the acquirer post-acquisition is 2,60,48,333. The equity share capital of the target company remained unchanged before and after the transaction.

Maharashtra Seamless Ltd announced that Mr. Pithelis Raj Santhanamarian has resigned from his position as Whole-time Director, effective June 30, 2026. The resignation is due to personal reasons and other pre-occupations. However, Mr. Santhanamarian will continue to serve the company as a Non-executive Director. The company has submitted detailed disclosures as required by SEBI Listing Regulations.

Maharashtra Seamless Ltd has announced the closure of its trading window for designated persons, effective July 1, 2026. This closure is in accordance with the company's Internal Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will reopen 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The date for the board meeting to approve these results will be communicated separately. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.

Maharashtra Seamless Ltd has provided an update on its Scheme of Arrangement, previously approved by the Board of Directors on May 22, 2026. The company stated that the scheme is currently under further review. It will be presented again for approval at a subsequent Board Meeting before being submitted to the stock exchanges. Investors are requested to take this information on record.

The Board of Directors of Maharashtra Seamless Ltd approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a dividend of ₹10.00 (200%) per equity share of ₹5 each for FY26, subject to member approval. The board also approved shifting the registered office from Maharashtra to Haryana, pending shareholder and government approvals. Additionally, M/s R. J. Goel & Co. were appointed as Cost Auditors for FY27.

The Board of Directors of Maharashtra Seamless Ltd approved the audited standalone and consolidated financial results for the year ended March 31, 2026. They recommended a dividend of ₹10.00 (200%) per equity share of ₹5 each, subject to member approval. The board also approved shifting the registered office from Maharashtra to Haryana, pending shareholder and government approvals. Additionally, M/s R. J. Goel & Co. were appointed as Cost Auditors for FY 2026-27.

The Board of Directors of Maharashtra Seamless Ltd approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a dividend of ₹10.00 (200%) per equity share of ₹5 each for FY26, subject to member approval. The board also approved shifting the registered office from Maharashtra to Haryana, pending shareholder and government approvals. Additionally, M/s R. J. Goel & Co. were appointed as Cost Auditors for FY27.

The Board of Directors of Maharashtra Seamless Ltd has approved a scheme of arrangement involving the demerger of two undertakings into MSL Seamless Tubes Limited and United Seamless Limited, both wholly-owned subsidiaries. The scheme, with an appointed date of October 1, 2026, is subject to approvals from the NCLT, shareholders, creditors, and other regulatory bodies. Demerged Undertaking 1 includes the seamless pipe manufacturing business at Mangaon and a captive solar power plant, while Demerged Undertaking 2 comprises the Narketpally facility, solar power plants in Rajasthan, and rig Jindal Explorer. The demerged undertakings contributed 16.98% and 14.84% respectively to the company's FY26 turnover.

The Board of Directors of Maharashtra Seamless Ltd approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. They recommended a dividend of ₹10.00 (200%) per equity share of ₹5 each for FY 2025-26, subject to member approval. The board also approved shifting the registered office from Maharashtra to Haryana, pending shareholder and government approvals. Additionally, M/s R. J. Goel & Co. were appointed as Cost Auditors for FY 2026-27.