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Maharashtra Seamless Shareholders Approve Pithelis Raj Santhana Marian's Whole-Time Director Appointment
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Promoters Boost Stake to Over 70%; Maharashtra Seamless Approves New Director
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CNBC Awaaz
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20-03-2026, 15:42
Promoters Boost Stake to Over 70%; Maharashtra Seamless Approves New Director
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Promoters of Maharashtra Seamless Limited acquired an additional 0.45% stake from the open market.
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This purchase increased their total stake in the company to over 70%.
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Shareholders approved the appointment and remuneration of Pithelis Raj Santhana Marian as a Whole-Time Director.
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The special resolution passed with a 99.81% majority through a postal ballot, with 463 members participating.
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The voting process, overseen by an independent scrutinizer, adhered to Companies Act 2013 and SEBI regulations.
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