Maharashtra Seamless Ltd approves demerger scheme for two subsidiaries effective Oct 1, 2026
Maharashtra Seamless · Industrial Products
Key highlights
- Demerger of manufacturing businesses: Demerged Undertaking 1 into MSL Seamless Tubes Ltd (MSTL) and Demerged Undertaking 2 into United Seamless Ltd (USL)
- Turnover FY 2025-26: Demerged Undertaking 1 – ₹793 crore (16.98%), Demerged Undertaking 2 – ₹693 crore (14.84%), remaining ₹3185 crore (68.18%)
- Share exchange ratio: 1 share of each resulting company per 5 shares of MSL; resulting companies’ shares to be listed on BSE and NSE
Why it's rated notable: The filing states no value for the demerger, only FY 2025-26 turnover of Rs. 793 crores and Rs. 693 crores for the two undertakings, and the scheme remains subject to NCLT sanction and shareholder approval, so it is non-binding and kept at medium.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Maharashtra Seamless
- Acquisition / mergerNotableMaharashtra Seamless Limited approves demerger scheme for two units into subsidiaries
- Acquisition / mergerMajor development· Adverse for the businessMaharashtra Seamless approves FY26 audited results, INR 10 dividend and office shift
- Acquisition / mergerMajor development· Adverse for the businessMaharashtra Seamless Limited approves FY26 results, dividend, office shift proposal
- Acquisition / mergerMajor development· Adverse for the businessMaharashtra Seamless Limited announces audited FY 2025-26 results and dividend
Other acquisition / merger filings this fortnight
- Indo Borax reports H1FY27 consolidated operating income up 16.0% to Rs 129.29 crore
- Manoj Agrawal Acquires 1.00 Crore Shares in Cubical Financial Services Limited
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.