Maharashtra Seamless Limited Incorporates United Seamless Limited as Wholly

Maharashtra Seamless Limited has incorporated a wholly-owned subsidiary, United Seamless Limited, with the Certificate of Incorporation received from the Ministry of Corporate Affairs on 16th May, 2026. The development was disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Newly Incorporated Subsidiary

The following table provides a comprehensive overview of the incorporation details as disclosed by the company:

Parameter: Details Name of Entity: United Seamless Limited Date of Incorporation: 16th May, 2026 Country of Incorporation: India Relationship with Listed Entity: Wholly-Owned Subsidiary of Maharashtra Seamless Limited Industry: Manufacturing / Services Nature of Consideration: Cash Authorised Capital: Rs.5,00,000/- divided into 1,00,000 equity shares of Rs. 5/- each Paid-Up Share Capital: Rs.5,00,000/- held entirely by Maharashtra Seamless Limited Shareholding by Listed Entity: 100% Regulatory Approvals Required: Not Applicable

Business Scope of United Seamless Limited

United Seamless Limited will be engaged in the following business activities:

Manufacturing of all kinds of pipes

Offshore oil exploration activities

Generation of electricity

The new subsidiary operates within the manufacturing and services industry segment, aligning with the parent company's existing business domain.

Disclosure Compliance

The intimation was filed by Company Secretary Ram Ji Nigam on 16th May, 2026, in accordance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated January 30, 2026. The entire paid-up share capital of Rs.5,00,000/- of United Seamless Limited is held by Maharashtra Seamless Limited as on the date of incorporation, making it a 100% subsidiary.

Maharashtra Seamless has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 11, 2026, was communicated to both BSE Limited and the National Stock Exchange of India Limited.

Board Meeting Details

The Board of Directors meeting is set to be held on Friday, May 22, 2026. The key agenda items for the meeting are outlined below:

Parameter: Details Meeting Date: Friday, 22nd May, 2026 Purpose: Consider and approve Audited Financial Results Period Under Review: Quarter and year ended 31st March, 2026 Additional Agenda: Recommendation of dividend, if any, on equity shares for FY 2025-26 Trading Window Closure: Remains closed till 24th May, 2026

Trading Window Closure

In continuation of its earlier communication dated March 24, 2026, Maharashtra Seamless confirmed that the Trading Window for trading in the securities of the company will remain closed until May 24, 2026. This closure is in accordance with standard regulatory requirements applicable ahead of the announcement of financial results.

The intimation was signed by Ram Ji Nigam, Company Secretary & Compliance Officer, on behalf of Maharashtra Seamless Limited.

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