Mahalaxmi Seamless Limited Submits SEBI Compliance Certificate for FY2026

1 min read     Updated on 10 Apr 2026, 03:13 PM
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Mahalaxmi Seamless Limited submitted its annual SEBI Regulation 74(5) compliance certificate for FY2026 to BSE Limited on April 10, 2026. The certificate, signed by Managing Director Vivek Madhavprasad Jalan, was accompanied by confirmation from registrar Adroit Corporate Services Pvt. Ltd. regarding proper dematerialisation processes. The registrar confirmed that all securities received for dematerialisation during the quarter ended March 31, 2026, were processed within regulatory timelines and compliance requirements were met.

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Mahalaxmi seamless Limited has fulfilled its regulatory obligations by submitting the mandatory certificate under SEBI Regulation 74(5) for the financial year ended March 31, 2026. The submission was made to BSE Limited on April 10, 2026, ensuring compliance with Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Details

The certificate submission was signed by Managing Director Vivek Madhavprasad Jalan (DIN: 00114795) and forwarded to BSE Limited at Dalal Street, Mumbai. This annual filing is a mandatory requirement under SEBI regulations to ensure proper oversight of dematerialisation processes.

Parameter Details
Filing Date April 10, 2026
Period Covered Year ended March 31, 2026
Submitted To BSE Limited
Authorized Signatory Vivek Madhavprasad Jalan, Managing Director
DIN 00114795

Registrar Confirmation

Adroit Corporate Services Pvt. Ltd., serving as the company's registrar and share transfer agent, provided the compliance certificate dated April 1, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter ended March 31, 2026, were properly processed according to regulatory requirements.

Dematerialisation Process Compliance

The registrar's certificate outlined key compliance aspects of the dematerialisation process:

  • All securities received for dematerialisation were confirmed (accepted/rejected) to depositories
  • Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation were mutilated and cancelled after due verification
  • Names of depositories were substituted in the register of members as registered owners within the prescribed 15-day timeline

Company Information

Mahalaxmi Seamless Limited operates with CIN L93000MH1991PLC061347 and maintains its registered office at Pipenagar (Sukeli) Via Nagothane Taluka Roha Dist Raigad. The company's corporate office is located at Virwani Industrial Estate, Goregaon (East), Mumbai. This regulatory filing demonstrates the company's commitment to maintaining transparency and compliance with SEBI regulations governing depositories and participants.

Historical Stock Returns for Mahalaxmi Seamless

1 Day5 Days1 Month6 Months1 Year5 Years
+4.88%+15.95%+12.23%+16.67%+4.30%+198.11%

What impact might enhanced SEBI compliance requirements have on Mahalaxmi Seamless Limited's operational costs in the coming quarters?

How could the company's strong regulatory compliance record influence investor confidence and potential institutional investment flows?

Will Mahalaxmi Seamless Limited consider expanding its listing to additional stock exchanges given its robust dematerialisation processes?

Mahalaxmi Seamless Limited Reports No Fund Deviation Under SEBI Regulations for FY2026

1 min read     Updated on 10 Apr 2026, 02:48 PM
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AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

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1 Year Returns:+4.30%