Mahalaxmi Seamless Limited Reports No Fund Deviation Under SEBI Regulations for FY2026
Mahalaxmi Seamless Limited filed a compliance statement with BSE confirming no fund deviation under SEBI Regulation 32 for FY2026. The company declared that deviation statements for public issues, rights issues, preferential issues, and QIP are not applicable for the year ended March 31, 2026. Managing Director Mr. Vivek Madhavprasad Jalan submitted the filing on April 10, 2026, fulfilling mandatory regulatory disclosure requirements.
*this image is generated using AI for illustrative purposes only.
Mahalaxmi Seamless Limited has submitted a regulatory filing to BSE Limited confirming compliance with fund utilization requirements under SEBI regulations for the financial year ended March 31, 2026. The company has declared that no deviation or variation occurred in the utilization of funds during this period.
Regulatory Compliance Filing
The filing relates to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to report any deviations in the utilization of funds raised through various capital market instruments. The company submitted this statement on April 10, 2026, addressing the mandatory disclosure requirements.
| Filing Details: | Information |
|---|---|
| Regulation: | SEBI Regulation 32 (LODR) 2015 |
| Reporting Period: | Year ended March 31, 2026 |
| Filing Date: | April 10, 2026 |
| Script Code: | 513460 |
Fund Utilization Statement
Mahalaxmi Seamless Limited explicitly stated that the Statement of Deviation or Variation for proceeds of public issue, rights issue, preferential issue, and Qualified Institutional Placement (QIP) is not applicable to the company for the year ended March 31, 2026. This indicates that the company either did not raise funds through these instruments during the period or utilized any previously raised funds in accordance with stated objectives.
Management Declaration
The regulatory filing was signed by Mr. Vivek Madhavprasad Jalan, Managing Director of the company, bearing DIN: 00114795. The submission represents the company's formal compliance with SEBI's transparency and disclosure requirements, ensuring stakeholders are informed about fund utilization practices.
Corporate Information
Mahalaxmi Seamless Limited operates with its registered office located at Pipenagar (Sukeli) Via Nagothane Taluka Roha Dist Raigad 402126, and maintains its corporate office at 54/A, Virwani Industrial Estate, Near Western Express Highway Goregaon (East), Mumbai-400063. The company holds CIN: L93000MH1991PTC061347 and is listed on BSE with script code 513460.
Historical Stock Returns for Mahalaxmi Seamless
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.88% | +15.95% | +12.23% | +16.67% | +4.30% | +198.11% |
What are Mahalaxmi Seamless Limited's capital raising plans for FY2027, and will they consider QIP or rights issues for expansion?
How might the company's clean compliance record impact its credit rating and borrowing costs for future debt financing?
Will Mahalaxmi Seamless explore strategic acquisitions or capacity expansion given their disciplined fund management approach?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
