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- Mr. Arup Mandal has resigned from the position of Chief Financial Officer (CFO) of Maharashtra Seamless Limited. - The resignation is effective from the closure of business hours on July 2, 2026, due to personal reasons.

- Promoter group entity, Odd & Even Trades & Finance Limited, acquired 1.28% shares of Maharashtra Seamless Limited through open market purchases. - The acquisition, dated between March 30, 2026, and June 30, 2026, increased their total holding from 18.16% to 19.44%.

- Mr. Pithelis Raj Santhanamarian has resigned from the post of Whole-time Director of Maharashtra Seamless Limited, effective June 30, 2026. - He will continue to serve as a Non-executive Director of the Company. - The resignation is due to personal reasons on account of other pre-occupations.

- Maharashtra Seamless Limited announced the results of its Postal Ballot, conducted for a special resolution to shift the registered office from the State of Maharashtra to the State of Haryana. - The resolution was approved by the members with requisite majority, effective from June 24, 2026. - 99.99% of the total votes polled were in favor of the resolution.

- Trading Window for Designated Persons will close from July 1, 2026. - It will reopen 48 hours after Q1 FY27 financial results declaration. - Board meeting date for Q1 FY27 results will be intimated in due course.

- The Scheme of Arrangement, previously approved by the Board on May 22, 2026, is currently under further review. - It will be placed before a subsequent Board Meeting for approval and then submitted to the Stock Exchanges.

Maharashtra Seamless Limited has filed its Annual Secretarial Compliance Report for the year ended March 31, 2026, in compliance with Regulation 24A of SEBI (LODR) Regulations, 2015. The report certifies that the company has complied with all applicable SEBI Regulations and guidelines. No observations were made in previous secretarial compliance reports, and no actions were taken by SEBI or Stock Exchanges against the company or its promoters/directors/subsidiaries during the review period. No additional non-compliances were observed.

Maharashtra Seamless Limited is seeking shareholder approval via postal ballot to shift its registered office from the State of Maharashtra to the State of Haryana. E-voting for this special resolution will commence on May 26, 2026, and conclude on June 24, 2026. The company states the move is for better control, co-ordination, and reduction in costs, as the majority of its directors are based in the Gurugram/NCR region.

Standalone Operating Revenue ₹1,279.91 Cr vs ₹1,415.83 Cr (▼9.60% YoY), EBITDA ₹238.83 Cr vs ₹285.05 Cr (▼16.21% YoY), PAT ₹107.53 Cr vs ₹242.53 Cr (▼55.66% YoY). EBITDA Margin 18.66% vs 20.13% (▼147 bps). The Board also recommended a dividend of INR 10.00 (200%) per equity share for the financial year 2025-26.

Standalone Revenue ₹1,279.91 Cr vs ₹1,415.83 Cr (▼9.60% YoY), EBITDA ₹235.79 Cr vs ₹285.05 Cr (▼17.28% YoY), PAT ₹107.53 Cr vs ₹242.53 Cr (▼55.66% YoY). EBITDA Margin 18.42% vs 20.13% (▼171bps). The Board also recommended a dividend of INR 10.00 (200%) per equity share for FY26.

Maharashtra Seamless Limited's Board approved a scheme of arrangement for the demerger of two undertakings (seamless pipe manufacturing, solar, rig operations) into MSL Seamless Tubes Limited and United Seamless Limited, effective October 1, 2026. The demerged undertakings had operational turnovers of ₹793 Cr and ₹693 Cr in FY25-26, out of a total ₹4671 Cr. The scheme aims for focused business operations, improved strategic alignment, and enhanced long-term stakeholder value. Shareholders will receive 1 equity share of INR 5 in each resulting company for every 5 shares held in the demerged company.

Maharashtra Seamless Limited reported standalone financial results for Q4 FY26. Revenue from operations was ₹1,279.91 Cr vs ₹1,415.83 Cr (▼9.6% YoY), EBITDA ₹235.79 Cr vs ₹285.05 Cr (▼17.3% YoY), and PAT ₹107.53 Cr vs ₹242.53 Cr (▼55.7% YoY). EBITDA Margin contracted by 171bps to 18.4%. The Board also recommended a dividend of INR 10.00 (200%) per equity share for the financial year 2025-26 and approved the shifting of the Registered Office from Maharashtra to Haryana.

Consolidated Revenue ₹1,280.11 Cr vs ₹1,417.77 Cr (▼10% YoY), EBITDA ₹237.73 Cr vs ₹285.16 Cr (▼17% YoY), PAT ₹102.84 Cr vs ₹242.26 Cr (▼58% YoY). EBITDA Margin 18.57% vs 20.11% (▼154bps).