The promoters of this company purchased an additional 0.45% stake from the open market, taking the total stake to over 70%.:According to the company, a total of 463 members participated in the remote e-voting process, which ran until March 12, 2026. Of these, approximately 99.81% voted in favor of the proposal, while very few votes were registered against it.

News Topical, Digital Desk : A key management-related proposal at Maharashtra Seamless Limited has received shareholder approval. The company reported that a special resolution, voted by postal ballot, was passed with the required majority.

Approval of the appointment

Under this resolution, the appointment of Pithelis Raj Santhana Marian as a whole-time director and his remuneration has been approved.

The resolution was passed with a huge majority. According to the company, a total of 463 members participated in the remote e-voting process which continued till March 12, 2026. Out of this, about 99.81% votes were cast in favour of the resolution, while very few votes were recorded against it. The entire process was monitored by an independent scrutinizer, which made the voting process fair and transparent. The company said that this process was completed under the Companies Act 2013 and SEBI rules.