Global Jindal Fin-Invest Limited has disclosed an increase in its shareholding in Maharashtra Seamless Limited under the SEBI substantial acquisition regulations. The promoter group entity has raised its stake from 8.09% to 8.65% through systematic open market acquisitions conducted over an extended period.

Transaction Details

The acquisition involved a total of 6164673 shares, representing a 0.56% increase in shareholding. Notably, this figure includes 5500310 equity shares that were issued as bonus shares during the acquisition period.

Shareholding Position

The transaction has resulted in a notable change in Global Jindal Fin-Invest Limited's ownership structure in Maharashtra Seamless Limited. The company's holding position demonstrates a strategic increase in its investment.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Global Jindal Fin-Invest Limited is identified as belonging to the promoter group of Maharashtra Seamless Limited, making this disclosure mandatory under the regulatory framework.

Maharashtra Seamless Limited's shares are listed on both BSE Limited and the National Stock Exchange of India Limited. The company's total equity share capital remains unchanged at Rs. 66,99,96,260 both before and after the acquisition.

Corporate Structure

The acquisition reinforces the promoter group's commitment to Maharashtra Seamless Limited. The extended acquisition period spanning over three years indicates a systematic approach to increasing the shareholding position. The disclosure was signed by D.C. Gupta, Director of Global Jindal Fin-Invest Limited, and communicated through Maharashtra Seamless Limited's Company Secretary, Ram Ji Nigam.

Maharashtra Seamless Limited has disclosed a substantial acquisition of shares by Haryana Capfin Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed on February 25, 2026, and communicated to both BSE Limited and National Stock Exchange of India Limited.

Acquisition Details

Haryana Capfin Limited, identified as belonging to the promoter group, acquired additional shares in Maharashtra Seamless Limited through open market transactions. The acquisition period spanned from March 11, 2025, to February 23, 2026.

Share Holding Changes

The transaction involved the acquisition of 603,260 shares, representing 0.46% of the total share capital. This acquisition resulted in a change in Haryana Capfin Limited's shareholding pattern in Maharashtra Seamless Limited.

Company Capital Structure

Maharashtra Seamless Limited's equity share capital remained constant throughout the acquisition period. The company's shares are listed on both major Indian stock exchanges.

Regulatory Compliance

The disclosure was signed by Sandhya Tiwari, Company Secretary of Haryana Capfin Limited, and filed from Gurugram on February 25, 2026. Maharashtra Seamless Limited's Company Secretary, Ram Ji Nigam, communicated this disclosure to the stock exchanges, ensuring compliance with SEBI regulations regarding substantial acquisitions of shares and takeovers.