Announced Mon, 15 Jun · 17:14 IST
Scheme of Arrangement under further review, to be re-presented to Board
Strategic Transactions View source PDF
MAHSEAMLES · price
▲ 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
-2.8%1-day move
₹630.00
prior close
₹634.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3+0.2-0.0-2.8+0.5+0.8+1.8+3.0+0.3-7.2-7.2——
Up moveDown movePending
AI summary
Maharashtra Seamless Limited has informed the exchange that the Scheme of Arrangement, previously approved by its Board of Directors on 22nd May 2026, is now under further review. The company stated the scheme will be placed before a subsequent Board Meeting for approval and then submitted to the stock exchanges. The exact nature or terms of the scheme have not been disclosed in this update.
Likely market impact
Signals a delay in the scheme approval process; shareholders await further details from the next Board Meeting.