Maharashtra Seamless Limited incorporated a new wholly-owned subsidiary, MSL Seamless Tubes Limited, on May 15, 2026.
The subsidiary has an authorized capital of ₹5 lakh and is engaged in manufacturing pipes and electricity generation.
The incorporation was disclosed pursuant to SEBI Listing Regulations, with 100% shareholding retained by the parent company.
No governmental approvals were required for this cash-based incorporation of the new entity.