Maharashtra Seamless Limited Incorporates Wholly Owned Subsidiary, MSL Seamless Tubes Limited
Maharashtra Seamless Limited (MSL) has incorporated a wholly owned subsidiary, MSL Seamless Tubes Limited. The company confirmed the incorporation of the subsidiary on May 15, 2026.The newly formed entity, MSL Seamless Tubes Limited, is designated as a wholly owned subsidiary of Maharashtra Seamless Limited. The subsidiary is set to operate in the Manufacturing/Services sector and will be engaged in the business of manufacturing all kinds of pipes and generation of electricity.
Regarding its incorporation details, the company established MSL Seamless Tubes Limited with a paid-up share capital of Rs. 5,00,000. The authorized capital stands at Rs. 5,00,000, divided into 1,00,000 equity shares of Rs. 5 each.
In terms of ownership and control, Maharashtra Seamless Limited holds a 100% shareholding in MSL Seamless Tubes Limited. The consideration for this incorporation was identified as cash.
The core details of the incorporated entity are outlined below:
| Particulars | Details |
|---|---|
| Subsidiary Name | MSL Seamless Tubes Limited |
| Date of Incorporation | May 15, 2026 |
| Country of Incorporation | India |
| Industry | Manufacturing/Services |
| Business Scope | Manufacturing of all kinds of pipes and generation of electricity |
| Authorized Capital | Rs. 5,00,000 |
| Equity Shares | 1,00,000 shares of Rs. 5 each |
| Paid-up Capital | Rs. 5,00,000 |
| Shareholding by MSL | 100% |
MAHSEAMLES Stock Price Movement
Shares of Maharashtra Seamless Limited slipped by 0.44% on Friday, settling at ₹644.75. The stock saw a total traded volume of 124,515 shares, trading lower throughout the session from an intraday high of ₹650.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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