Maharashtra Seamless Limited Releases Business Responsibility and Sustainability Report for FY 2025-26

Maharashtra Seamless Limited Releases Business Responsibility and Sustainability Report for FY 2025-26​

Maharashtra Seamless Limited (MSL) has released its Business Responsibility and Sustainability (BRS) Report for the financial year 2025-26. The report provides detailed insights into the company’s operations, employee welfare, and commitment to environmental stewardship, covering areas such as governance, social impact, and environmental management.

The company’s primary business activity involves the manufacture of steel pipes and tubes, contributing 98.80% of its turnover. MSL serves markets across all Indian states and maintains international presence in four countries, with exports contributing 10.67% of the total turnover.

Operational and Market Scope​

The company operates 9 plants and 9 offices nationally. The BRS report highlights the composition of its workforce and its market reach.

Key metrics regarding the entity's operations are summarized below:

Focus on ESG and Sustainability​

The BRS report details MSL's adherence to various ESG parameters, covering environmental, social, and governance aspects.

Environmental Management and Compliance​

The company reports continuous efforts to maintain a safe and productive environment. The Occupational Health and Safety (OH&S) management system at the plants is certified to ISO 45001.

In terms of resource consumption and environmental impact, the performance indicators for the financial years 2025-26 and 2024-25 are as follows:


The company has implemented a mechanism for Zero Liquid Discharge (ZLD), which includes rainwater harvesting and the operation of an Effluent Treatment Plant to reuse effluent water for gardening. Air emissions monitoring shows that Sulphur Dioxide (SO2) was 30.00 µg/m3 in FY 2025-26, which is within the standard of less than or equal to 80 µg/m3.

Waste Management and Pollution Control​

Waste management at the establishments emphasizes minimization and compliance with local rules, adhering to circular economy principles.


MSL has implemented processes for both waste reduction and disposal, including separating oil from circulation water using an oil skimmer for recycling.

Employee Welfare and Human Rights​

MSL emphasizes the well-being of its employees and workers. Key aspects of social responsibility include:

• Training: 100% of male permanent employees and male workers received training on health and safety measures in FY 2025-26.
• Grievance Mechanisms: The company has established a designated committee and Standard Operating Procedures (SOPs) to address employee grievances related to human rights, and it maintains an Internal Complaint Committee (ICC) for sexual harassment complaints.
• Human Rights Compliance: The company reported 0 instances of complaints regarding sexual harassment, discrimination at the workplace, or child/forced labor for both FY 2025-26 and FY 2024-25.

Stakeholder and Governance Overview​

The company identifies its key stakeholders as Shareholders/Investors, Government and Regulators, Employees, Customers, Bankers/Financial Institutions, and Suppliers.

A review of the entity’s material responsible business conduct issues identified opportunities in product innovation and customer satisfaction. Conversely, the company noted that Corporate Governance presents a risk, stating that non-compliance could lead to financial loss and reputation damage.

Key performance indicators regarding the working conditions of employees and workers are detailed in the following table:


The BRS report further indicates that the company has a framework and policy on cybersecurity and risks related to data privacy, having established a comprehensive Information Security Policy to safeguard customer information.

MAHSEAMLES Stock Price Movement​

Shares of Maharashtra Seamless Limited settled today, shedding 0.02% with its closing price at ₹634. In trading throughout the day, more than 154,442 shares were transacted for the capital goods company.