Maharashtra Seamless Limited has informed the Exchange regarding Notice of Postal Ballot
MAHSEAMLES · price
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Maharashtra Seamless Limited is seeking shareholder approval via postal ballot to shift its registered office from the State of Maharashtra (Raigad district) to the State of Haryana. The company states this move will enable better control, coordination, and cost reduction. The corporate office is already located in Gurugram, Haryana, and the majority of directors are based in the Gurugram/NCR region. The shift requires a Special Resolution passed by shareholders and approval from the Central Government (Regional Director). Voting commences on 26th May 2026 and ends on 24th June 2026.
If approved, this administrative change could lead to operational efficiencies and cost savings by aligning the registered office with where actual management functions occur. The shift should not impact day-to-day operations or affect shareholder value directly.