Mahamaya Steel Industries Limited has completed the redemption of ₹2 crores worth of unlisted preference shares, as announced by the company's Board of Directors on January 5, 2025.

Preference Share Redemption Details

The redemption involves the seventh tranche of preference shares issued to M/s Escort Finvest Private Limited. The company has provided specific details about the redeemed securities in its regulatory filing.

Regulatory Compliance

The company has formally communicated this redemption to both major stock exchanges where its equity shares are listed. Mahamaya Steel Industries trades on BSE under scrip code 513554 and on NSE under the symbol MAHASTEEL.

The intimation was signed by Jaswinder Kaur Mission, Company Secretary & Compliance Officer (Membership No. FCS 7489), ensuring proper corporate governance protocols were followed for this transaction.

Company Background

Mahamaya Steel Industries Limited operates from its registered office and works located in Urla Industrial Complex, Raipur, Chhattisgarh. The company holds various certifications including ISO 9001:2015 and manufactures products such as joist, channel, angle, flat, round, crossing sleeper bar, bloom, and billet. The company serves as an approved supplier to major organizations including BSP, BHEL, DGS&D, DMRC, SAIL, RIL, NTPC, SEBs, RDSO, CORE, ONGC, GAIL, and EIL.

Mahamaya Steel Industries Limited has reported impressive sales performance for the third quarter of FY 2025-26, demonstrating strong operational momentum and market demand. The company filed its sales update under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015 on January 5, 2026.

Quarterly Sales Performance

The company achieved remarkable growth in Q3 FY26, with total sales volume reaching significant levels compared to the previous quarter.

December 2025 Monthly Results

The company's December 2025 performance contributed substantially to the quarterly growth, showing consistent month-over-month improvement.

Operational Highlights

The strong sales performance reflects several positive operational developments:

• Significant increase in production capacity utilization
• Enhanced operational efficiency across manufacturing processes
• Improved market positioning in the steel industry
• Consistent month-over-month growth trajectory

Order Book and Future Outlook

Mahamaya Steel Industries has reported receiving substantial orders that are currently in the fulfillment process. This robust order pipeline indicates healthy demand conditions and provides visibility for sustained business growth in the coming months. The company's ability to secure significant orders demonstrates its competitive market position and customer confidence.

Company Operations

Mahamaya Steel Industries Limited operates from its registered office and manufacturing facility located at Sarora, Urla Industrial Complex, Raipur, Chhattisgarh. The company maintains various industry certifications including ISO 9001:2015 and IS 2062:2011 standards. As an approved supplier to major organizations including BSP, BHEL, DMRC, SAIL, NTPC, ONGC, and GAIL, the company manufactures diverse steel products including joist, channel, angle, flat, round, crossing sleeper bar, bloom, and billet.