Maharashtra Seamless Limited confirmed receipt of a disclosure from Haryana Capfin Limited regarding changes in shareholding. Haryana Capfin, which belongs to the Promoter/Promoter group, increased its total shareholding to 4.71% of the total voting capital. This acquisition, totaling 6,30,834 shares acquired via Open Market transactions between March 2025 and February 2026, necessitated filing under the relevant SEBI Regulations.
Regulatory Disclosure Received by Maharashtra Seamless
Maharashtra Seamless Limited has informed the stock exchanges that it has received the mandatory disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, from Haryana Capfin Limited.
Shareholding Details of Haryana Capfin Limited
Haryana Capfin Limited, identified as belonging to the Promoter/Promoter group of Maharashtra Seamless Limited, reported a change in its total stake. The acquisition was executed through Open Market transactions.
Holding Before Acquisition
Prior to the recent transaction, the total holding of Haryana Capfin Limited in the company stood at 5,705,080 shares, representing 4.25% of the total share capital and diluted share capital.
Details of Acquisition
The acquirer purchased an additional 6,03,260 shares carrying voting rights. This acquisition represented 0.46% of the total voting capital.
Holding After Acquisition
Following the acquisition, the total number of shares held by Haryana Capfin Limited increased to 6,308,340 shares. This now accounts for 4.71% of both the total share capital and the total diluted share capital of Maharashtra Seamless Limited.
Transaction Period and Capital Base
The acquisition/sale activity occurred over a period spanning from March 11, 2025, to February 23, 2026. The underlying equity share capital/total voting capital of the Target Company (TC) remained constant throughout the reporting period at Rs.66,99,96,260.
Source: BSE