MAHSEAMLESNSEMaharashtra Seamless Limited· Steel And Steel ProductsLowNeutral
Announced Fri, 13 Mar · 14:40 IST

Maharashtra Seamless Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

MAHSEAMLES · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹562.85
prior close
₹550.10
base price
In-mkt
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AI summary

Maharashtra Seamless Limited has announced the results of its postal ballot conducted via remote e-voting, with voting closing on 12th March 2026. A single special resolution regarding the reappointment and remuneration approval of Mr. Pithelis Raj Santhana Marian (DIN: 00520481) as Whole-time Director was put to vote. Out of 1,33,99,925 outstanding shares, 1,04,43,786 votes (77.94% of outstanding shares) were polled by 463 members. The resolution was passed with overwhelming support — 99.81% of votes in favour (10,42,34,817) and only 0.19% against (2,03,049). Promoter group voted 100% in favour, while public institutions and non-institutions backed the resolution at 98.75% and 99.08% respectively. Mr. Arunesh Kumar Dubey of Arunesh Dubey & Co. served as the Scrutinizer.

Likely market impact

This is a routine corporate governance outcome with near-unanimous shareholder support, indicating no governance friction. The reappointment of the Whole-time Director is now effective, providing leadership continuity. No material impact on stock price is expected from this announcement.