Maharashtra Seamless Limited has filed a mandatory disclosure regarding a change in shareholding by Global Jindal Fin-Invest Limited, which is part of the Promoter group. The disclosure confirms that the total holding by the acquirer stands at 8.65% of the total voting capital following the transaction. The acquisition/sale activities occurred via Open Market transactions between November 2022 and February 2026, with the equity share capital remaining unchanged at Rs. 66,99,96,260.
Mandatory Shareholding Disclosure Submitted
Maharashtra Seamless Limited has formally submitted the required disclosure received from Global Jindal Fin-Invest Limited pertaining to changes in its shareholding, as mandated by relevant regulations. Global Jindal Fin-Invest Limited is confirmed to be part of the Promoter/Promoter group of the company.
Shareholding Status Summary
The filings detail the shareholding position before and after the recent transaction, which involved the acquisition/sale of shares:
- Before Acquisition: The entity held 5,424,944 shares, representing 8.09% of the total voting capital.
- Acquisition/Sale Details: A net acquisition of 6,164,673 shares occurred during the reporting period, resulting in a change of 0.56% in voting capital.
- After Acquisition: The final holding stands at 11,589,617 shares, translating to 8.65% of the total share and voting capital.
Transaction Details and Capital Structure
The mode of acquisition/sale utilized during the period from 01.11.2022 to 24.02.2026 was the Open Market route.
The underlying capital structure of Maharashtra Seamless Limited remained consistent:
The Equity share capital/total voting capital of the Target Company (TC) both before and after the said acquisition/sale was Rs. 66,99,96,260. The total diluted share/voting capital after the transaction was also reported as Rs. 66,99,96,260, which includes 5,500,310 Equity Shares issued as Bonus Shares.
Source: BSE
