Maharashtra Seamless Limited disclosed the results of a postal ballot conducted to seek shareholder approval for shifting the company's registered office. The consent of members was sought through postal ballot pursuant to Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014.

Key Resolution Approved

The special resolution to shift the registered office of the Company from the "State of Maharashtra" to the "State of Haryana" and consequential amendment in Clause II of the Memorandum of Association of the Company was approved with requisite majority effective from 24th June 2026.

Voting Process Details

Mr. Arunesh Kumar Dubey (FCS 7721, CP 14054) of M/s Arunesh Dubey & Co. Company Secretaries was appointed as the Scrutinizer for conducting the Postal Ballot process. The last date for casting votes electronically through remote e-voting was 24th June 2026. The Scrutinizer submitted his report on 25th June 2026.

Detailed Voting Results

Overall Results:

  • Total shares: 133,999,252
  • Total votes polled: 106,316,027 (79.34% turnout)
  • Votes in favor: 106,310,465 (99.99%)
  • Votes against: 5,562 (0.01%)
  • Invalid votes: Nil

Breakdown by Shareholder Category:

Promoter and Promoter Group:

  • Shares held: 94,172,533
  • Votes polled: 88,615,861 (94.10% turnout)
  • Votes in favor: 88,615,861 (100.00%)
  • Votes against: 0 (0.00%)

Public Institutions:

  • Shares held: 17,801,833
  • Votes polled: 15,064,392 (84.62% turnout)
  • Votes in favor: 15,064,392 (100.00%)
  • Votes against: 0 (0.00%)

Public Non-Institutions:

  • Shares held: 22,024,886
  • Votes polled: 2,635,774 (11.97% turnout)
  • Votes in favor: 2,630,212 (99.79%)
  • Votes against: 5,562 (0.21%)

Scrutinizer's Report Details

The Scrutinizer's report confirmed that the company dispatched the Notice of Postal Ballot by email on 25th May 2026 to 83,064 members who had registered their email IDs. Advertisements were published in "Business Standard" (English) and "Mumbai Lakshadeep" (Marathi) newspapers on 26th May 2026. The remote e-voting period was from 26th May 2026 (9:00 AM IST) to 24th June 2026 (5:00 PM IST). Total of 474 members cast their votes through the remote e-voting platform provided by National Securities Depository Limited (NSDL).

Effective Date

The resolution became effective from 24th June 2026, being the last date of remote e-voting.