Please find herewith the Integrated Filing (Governance) for the year ended March 31st 2025
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Mahalaxmi Seamless Limited has submitted its Integrated Filing (Governance) to BSE for the financial year ending March 31, 2025, as required under SEBI's December 31, 2024 circular. The company is exempt from filing the Corporate Governance Report because its paid-up equity capital (Rs. 52.81 lakhs) is below Rs. 10 crores and its net worth is negative at Rs. (72.36 lakhs), falling below the Rs. 25 crore threshold. Only the Investor Grievance Redressal Report is applicable, and it confirms zero investor complaints were pending, received, or unresolved during the quarter. The Registrar and Share Transfer Agent, Adroit Corporate Services Pvt. Ltd., has certified the same. The company is listed only on BSE (scrip code 513460) and not on NSE.
This is a routine annual compliance filing with no material business action. However, the disclosed negative net worth of Rs. (72.36 lakhs) is a point of financial weakness that shareholders should note, while the clean investor grievance record is a neutral-to-positive signal.