Maharashtra Seamless Ltd Reports Closure of Subsidiary Internovia Natural Resources FZ LLC
Maharashtra Seamless Ltd confirmed the voluntary striking off of its subsidiary, Internovia Natural Resources FZ LLC. The company stated that this closure will not affect its ongoing operations or financial standing.The entity Internovia Natural Resources FZ LLC voluntarily struck off its registration.
The company provided a detailed annexure summarizing financial and transactional aspects related to this closure. The annexure included the following key financial details:
| Particulars | Description |
|---|---|
| Total Income (Financial year ended on March 31, 2025) | Nil |
| Percentage of consolidated Income | 0.00% |
| Net worth | 0.40 Crore |
Regarding the sale or disposal of any unit or undertaking, the annexure indicated that details such as the date an agreement for sale was entered into, the expected date of completion of sale/disposal, and consideration received from such sale/disposal were all "Not Applicable." Furthermore, the report noted that the transaction would not fall under related party transactions, and the sale, lease, or disposal of the undertaking was outside a Scheme of Arrangement.
MAHSEAMLES Stock Price Movement
As of 2:25 PM, shares of Maharashtra Seamless Limited are slipping by 0.30% in live trading, currently at ₹608.15 as the stock sheds ₹1.85 in the session. Trading through 145,578 shares, the equity continues its downward drift in the afternoon market.Source:
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