Maharashtra Seamless Limited (MSL) announced on Sunday that it has secured a significant order worth approximately Rs 298 crore for the supply of seamless pipes. The order, which falls within the oil and gas sector, has been awarded by a domestic entity, the company confirmed in its regulatory filing to the stock exchanges.
According to MSL, the supply of seamless pipes will be carried out through gradual dispatches over the next few quarters based on the customer’s requirements. The company also clarified that the order does not involve any related party transactions and that the promoter or promoter group does not have any interest in the entity awarding the contract.
This order marks a key milestone for Maharashtra Seamless, reinforcing its strong presence in the oil and gas sector. The company remains focused on expanding its business and delivering high-quality seamless pipes to its customers.
At the time of market closing on Friday, Maharashtra Seamless shares traded at ₹[insert closing price], reflecting [mention percentage change] on the NSE. The announcement came after market hours and is expected to keep the stock in focus when trading resumes on Monday.
