Maharashtra Seamless establishes wholly owned subsidiary MSL Seamless Tubes

Business Desk — Sat, 16 May 2026 18:07:20 +0000

Maharashtra Seamless Limited has announced the incorporation of a wholly owned subsidiary, MSL Seamless Tubes Limited, on 15th May 2026. This development was confirmed by the Ministry of Corporate Affairs on 16th May 2026.

MSL Seamless Tubes Limited, incorporated in India, will operate in the manufacturing sector, specifically focusing on the production of various types of pipes and the generation of electricity. The new entity is a wholly owned subsidiary of Maharashtra Seamless Limited, with 100% of its shares held by the parent company.

The incorporation of MSL Seamless Tubes Limited was done through cash consideration. The subsidiary has been established with an authorised capital of ₹5,00,000, divided into 1,00,000 equity shares of ₹5 each. As of the current date, the entire paid-up share capital of ₹5,00,000 is held by Maharashtra Seamless Limited.

No governmental or regulatory approvals were required for this incorporation, streamlining the process for Maharashtra Seamless Limited.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

MSL Seamless Tubes | Business Upturn

Maharashtra Seamless establishes wholly owned subsidiary MSL Seamless Tubes