Maharashtra Seamless Limited has disclosed a shareholding change involving its acquirer, Odd & Even Trades & Finance Limited. The acquirer, who belongs to the promoter group, increased its total voting shareholding from 17.45% to 18.16%. This increase of 0.71% was achieved through the acquisition of 953,715 equity shares via open market purchases between June 2025 and March 2026. The total equity share capital remains constant at ₹66,99,96,260.
Shareholding Disclosure Filed by Acquirer
Maharashtra Seamless Limited has received and enclosed a disclosure from Odd & Even Trades & Finance Limited regarding a substantial acquisition of shares. Odd & Even Trades & Finance Limited is confirmed to be part of the Promoter/Promoter group of the target company.
Details of Acquisition Activity
The acquisition activity spanned from June 19, 2025, to March 24, 2026, conducted entirely through the Open Market mechanism. The total number of shares acquired was 953,715, resulting in an increase of 0.71% in voting rights.
Holding Before and After Transaction
The initial holding of the acquirer (before the current consideration) stood at 23,377,000 shares, representing 17.45% of the total share/voting capital.
Following the acquisition of 953,715 shares, the holding after the transaction increased to 24,330,715 shares, resulting in a consolidated voting percentage of 18.16% of the total share capital.
Capital Structure Confirmation
The disclosure confirmed that the Equity share capital / total voting capital of Maharashtra Seamless Limited remained stable throughout the transaction period at Rs.66,99,96,260, indicating that the acquisition was purely a transfer of ownership interest within the existing capital structure.
Source: BSE
