Maharashtra Seamless Ltd. — Proxy Solicitation & Information Statement 2025

Feb 7, 2025

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E-Communication

MSL/SEC/SE/2024-25 7th February, 2025

BSE Limited National Stock Exchange of India Limited 25[th] Floor, P.J. Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Mumbai-400001 Bandra - Kurla Complex Bandra (E), Mumbai-400051

Stock Code: 500265 Scrip Code: MAHSEAMLES

Sub: Postal Ballot Notice - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”)

Dear Sir/Madam,

Pursuant to the Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Postal Ballot Notice dated 27th January, 2025.

The Postal Ballot Notice, along with other relevant documents, have been sent electronically to the Shareholders whose names appear in the register of members/ beneficial owners received from the National Securities Depository Limited (”NSDL”) and Central Depository Services (India) Limited as on 31st January, 2025 ("Cut-off date”), seeking their approval as set out in the Postal Ballot Notice.

The Company has engaged the services of NSDL for the purpose of providing e—voting facility to all its members. The voting will commence from Monday, 10th February, 2025 from 09.00 a.m. (IST) and ends at 05.00 p.m. (IST) on Tuesday, 11th March, 2025 .

The results of the postal ballot will be announced within two working days from the conclusion of the remote e-voting. The postal ballot notice and result will also be made available on the website of the Company www.jindal.com.

Submitted for your information and record.

Thanking you, Yours faithfully, For Maharashtra Seamless Limited Ram Ji Digitally signed by Ram Ji Nigam Date: 2025.02.07 12:05:17 +05'30' Nigam

Ram Ji Nigam Company Secretary

Encl.- As stated above

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MAHARASHTRA SEAMLESS LIMITED

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CIN: L99999MH1988PLC080545

Regd. Office: Pipe Nagar, Village- Sukeli, N.H. 17, B.K.G. Road, Taluka Roha, Distt. Raigad - 402 126, Maharashtra Phone: +91 2194 238511, 238512, 238516 Fax: +91 2194 238513

Corporate Office: Plot No. 30, Institutional Sector-44, Gurugram-122 003, Haryana Interim Corporate Office: Plot No. 106, Institutional Sector-44, Gurugram-122 003, Haryana Phone: +91 124 4624000, 2574326, 2575626 Fax: +91 124 2574327 E-mail: secretarial@mahaseam.com, Website: www.jindal.com

NOTICE OF POSTAL BALLOT

[Pursuant to Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014]

VOTING STARTS ON	VOTING ENDS ON
th Monday, 10 February, 2025	th Tuesday, 11 March, 2025

NOTICE is hereby given pursuant to the provisions of Section 110 and other applicable provisions, if any, of the Companies Act, 2013 (the "Act") read with the Companies (Management and Administration) Rules, 2014 ("Rules"), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), Secretarial Standard on General Meetings (SS-2) issued by the Institute of Company Secretaries of India, as amended from time to time and in accordance with the guidelines prescribed by the Ministry of Corporate Affairs (‘MCA’) for holding general meetings / conducting Postal Ballot process through e-voting vide General Circular Nos. 14/2020 dated 8th April 2020, 17/2020 dated 13th April 2020, 22/2020 dated 15th June 2020, 33/2020 dated 28th September 2020, 39/2020 dated 31st December 2020, 10/2021 dated 23rd June 2021, 20/2021 dated 8th December, 2021, 3/2022 dated 5th May, 2022, 11/2022 dated 28th December, 2022, 09/2023 dated 25th September, 2023 and 09/2024 dated 19th September, 2024 (collectively referred to as ‘MCA Circulars’), that the resolution appended below is proposed to be passed by the members through Postal Ballot only by remote e-voting process.

SPECIAL BUSINESS:

Item No. 1: To appoint and approve payment of remuneration to Mr. Saket Jindal as Managing Director and in this regard to pass the following resolution as an Ordinary Resolution:

“RESOLVED THAT in accordance with the provisions of Sections 196, 197, 198, 200, and 203 read with Schedule V and all other applicable provisions, if any, of the Companies Act, 2013, or any statutory modification(s) or re-enactment thereof, consent of the members of the Company be and is hereby accorded to the re-appointment of and payment of remuneration to Mr. Saket Jindal (DIN: 00405736), as Managing Director of the Company, for a period of 5 (five) years with effect from 1st April, 2025 on the terms and conditions, as set out herein below, with liberty to the Board of Directors to alter and vary the terms and conditions and/or remuneration, subject to the same not exceeding the limits specified under Schedule V of the Companies Act, 2013, or any statutory modification(s) or re-enactment thereof for the time being in force or any amendments thereto as may be agreed to between the Board of Directors and Mr. Saket Jindal.

SALARY

Rs. 48,00,000 (Rupees Forty Eight Lakhs only) per month with such increase as may be decided by the Board of Directors from time to time in the grade of Rs.48,00,000 – Rs.75,00,000 per month.

PERQUISITES

• I. The Managing Director shall be entitled to perquisites and benefits like furnished /non furnished accommodation or house rent allowance in lieu thereof, gas, electricity, water, medical reimbursement, leave travel concession for self & family, club fees, car with driver for business and personal use, facility of telephone installed at his residence, medical and personal accident insurance, education allowance, bonus/ex-gratia etc. as per rules of the Company. The value of perquisites shall be evaluated as per Income Tax Rules, wherever applicable.

• II. The Managing Director shall also be entitled for the following perquisites which shall not be included in the computation of the ceiling on remuneration:

• a) Company's contribution to Provident Fund, superannuation fund or annuity fund to the extent these either singly or put together are not taxable under the Income tax Act;

• b) gratuity payable at a rate not exceeding half a month’s salary for each completed year of service; and

• c) encashment of leave at the end of the tenure.

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MAHARASHTRA SEAMLESS LIMITED

MINIMUM REMUNERATION

In the event of loss or inadequacy of profits, the remuneration including the perquisites as mentioned above shall be paid in accordance with Schedule V and other applicable provisions of the Companies Act, 2013 as amended from time to time.

OTHER TERMS

• I. The Managing Director shall not be paid any sitting fees for attending the meeting(s) of the Board of Directors or Committees thereof.

• II. The Managing Director shall be entitled to reimbursement of entertainment, traveling and all other expenses incurred in the course of the Company’s business. While travelling on Company’s business purposes, the Managing Director will be entitled to be accompanied by his wife and the travelling and other incidental expenses incurred by his wife will also be borne / reimbursed by the Company."

By Order of the Board of Directors For Maharashtra Seamless Limited

Place: New Delhi Date: 27th January, 2025

Ram Ji Nigam Company Secretary M. No. ACS-18763

NOTES:

1. Explanatory statement pursuant to the provisions of Section 102 and other applicable provisions of the Act read with the Rules, setting out all material facts relating to the resolution mentioned in this Postal Ballot Notice and additional information as required under the Listing Regulations are annexed herewith.

2. The Brief Profile and other required information about the appointment of Director pursuant to Regulation 36 of the Listing Regulations and SS-2 is annexed herewith.

3. As per MCA Circulars, the Company is sending this Notice in electronic form only to those Members whose e-mail addresses are registered with the Company/ Depositories. If your e-mail address is not registered with the Company/Depositories, please follow the process provided in the Notes to receive this Postal Ballot Notice. Accordingly, physical copy of the Notice along with Postal Ballot Form and pre-paid business reply envelope is not being sent to the Members for this Postal Ballot. The communication of the assent or dissent of the Members would only take place through the remote e-voting system.

4. The aforesaid Notice has been uploaded on the website of the Company i.e. www.jindal.com the same can also be accessed from the websites of the Stock Exchanges i.e. BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com and is also available on the website of National Securities Depository Limited (NSDL) (agency providing the remote e-Voting facility) at www.evoting.nsdl.com

5. Relevant documents referred to in this Postal Ballot Notice and the Explanatory Statement are open for inspection by the Members at the Registered Office of the Company during business hours on all working days, till the last date of remote e-voting.

6. The Board of Directors of the Company has appointed Ms. Pooja Jain (CP: 21372, FCS: 11719), Practising Company Secretary as the Scrutinizer for conducting the Postal Ballot through remote e-voting process in a fair and transparent manner.

7. In compliance with provisions of Section 108 and Section 110 and other applicable provisions of the Act read with the Rules and Regulation 44 of the Listing Regulations, the Company is pleased to offer e-voting facility to all Members of the Company. For this purpose, the Company has entered into an agreement with National Securities Depository Limited (NSDL) for facilitating e-voting to enable the Members to cast their votes electronically.

8. The Resolution, if passed by requisite majority, will be deemed to have been passed on the last date of e-voting i.e. 11th March, 2025.

9. The Scrutinizer shall after the conclusion of the e-voting on 11th March, 2025, submit her report to the Chairman or a person authorised by him in writing, who shall countersign the same and declare the result of the e-voting of the Postal Ballot forthwith. The resolutions, if passed by requisite majority, shall be deemed to have been passed on 11th March, 2025 being the last date of the remote e-voting.

10. Results of voting shall be declared on or before 13th March, 2025. The results along with scrutinizers’ report would be

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MAHARASHTRA SEAMLESS LIMITED

intimated to the Stock Exchange where the securities of the Company are listed, Depositories and Registrar and Share Transfer Agent and will be displayed on the Company’s website www.jindal.com and on the website of NSDL www.evoting.nsdl.com and at the registered office of the Company.

1. The Instructions for remote e-voting are as under:

2. i. Pursuant to the provisions of Sections 108, 110 and other applicable provisions of the Act and the Rules made thereunder, the MCA Circulars, Regulation 44 of the Listing Regulations read with SEBI Master Circular bearing reference no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended (“SEBI Master Circular”), and Secretarial Standard on General Meetings (SS-2) issued by the Institute of Company Secretaries of India and any amendments thereto, the Company is providing the facility to the members to exercise their right to vote on the proposed resolution electronically. The Company has engaged the services of NSDL to provide remote e-voting facility to its Members. The instructions for e-voting are provided as part of this Postal Ballot Notice.

3. ii. In terms of SEBI Master Circular dated November 11, 2024 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

4. iii. Voting rights of the Members shall be in proportion to the shares held by them in the paid-up equity share capital of the Company as on 31st January, 2025 (“Cut-off date”). Only those Members whose names are recorded in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories as on the Cut-off date will be entitled to cast their votes by remote e-voting. A person who is not a Member as on the Cut-off date should treat this Postal Ballot Notice for information purposes only. The remote e-voting period commences from 9.00 a.m. (IST) on Monday, 10th February, 2025 and ends at 5.00 p.m. (IST) on Tuesday, 11th March, 2025. The e-voting module shall be disabled by NSDL thereafter.

   • Once the vote on the resolution is cast by the Member, he/she shall not be allowed to change it subsequently.

5. iv. The details of the process and manner for remote e-voting are explained herein below:

The way to vote electronically on NSDL e-voting system consists of “Two Steps” which are mentioned below:

Step 1: Access to NSDL e-voting System:

A) Login method for e-voting for Individual shareholders holding securities in demat mode

Login method for Individual shareholders holding securities in demat mode is given below:

Type of shareholders Individual Shareholders holding securities in demat mode withNSDL

Login Method

3. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to 2. If you are not registered for IDeAS e-Services, option to register is available at https://eservices.nsdl.com. Select “Register Online for IDeAS Portal”or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp 1. ExistingIDeASuser can visit the e-Services website of NSDL Viz. https://eservices.nsdl.com either on a Personal Computer or on a mobile. On the e-Services home page click on the “Beneficial Owner”icon under “Login” which is available under ‘IDeAS’ section , this will prompt you to enter your existing User ID and Password. After successful authentication, you will be able to see e-Voting services under Value added services. Click on “Access to e-Voting” under e-Voting services and you will be able to see e-Voting page. Click on company name ore-Voting service provider i.e. NSDLand you will be re-directed to e-Voting website ofNSDLfor casting your vote during the remote e-Voting period.

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MAHARASHTRA SEAMLESS LIMITED

	NSDL Depository site wherein you can see e-Voting page. Click on company name ore-Voting service provider i.e. NSDLand you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period. 4. Shareholders/Members can also download NSDL Mobile App “NSDL Speede” facility by scanning the QR code mentioned below for seamless voting experience.
Individual Shareholders holding securities in Demat mode withCDSL	1. Existing users who have opted for Easi / Easiest, they can login through their user id and password. Option will be made available to reach e-Voting page without any further authentication. The URL for users to login to Easi / Easiest are https://web.cdslindia.com/myeasi/home/login or www.cdslindia.com and click on New System Myeasi. 2. After successful login of Easi/Easiest the user will be also able to see the E Voting Menu. The Menu will have links ofe-Voting service provider i.e. NSDL. Click onNSDLto cast your vote. 3. If the user is not registered for Easi/Easiest, option to register is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option. 4. Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e-Voting link available on www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the evoting is in progress and also able to directly access the system of all e-VotingService Providers.
Individual Shareholders (holding securities in demat mode) login through their Depository Participants	You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL/CDSL for e-Voting facility. upon logging in, you will be able to see e-Voting option. Click on e-Voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-Voting feature. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at respective website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL

Login type	Helpdesk details
Individual Shareholders holding securities in Demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.com or call at 022-48867000
securities in Demat mode with CDSL Individual Shareholders holding	sending a request at helpdesk.evoting@cdslindia.com or contact at toll free no. 1800 22 55 33 Members facing any technical issue in login can contact CDSL helpdesk by

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MAHARASHTRA SEAMLESS LIMITED

B) Login method for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

1. Visit the e-voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.

2. Once the home page of e-voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section.

3. A new screen will open. You will have to enter your User ID, Password/OTP and a verification code as shown on the screen.

Alternatively, if you are registered for NSDL eservices i.e. IDeAS, you can log-in at https://eservices.nsdl.com/ with your existing IDeAS login. Once you log-in to NSDL eservices after using your login credentials, click on e-voting and you can proceed to Step 2 i.e. Cast your vote electronically.

1. Your User ID details are given below:

Your User ID details are given below:
b) For Members who hold shares in Demat account with CDSL with NSDL Manner of holding shares i.e. Demat (NSDL a) For Members who hold shares in Demat account c) For Members holding shares in Physical Form or CDSL) or Physical	Your User ID is:
	12**, then User ID is IN30012* For example, if your DP ID is IN300* and Client ID is 8 character DP ID followed by 8 Digit Client ID
	User ID is 12** 16 Digit Beneficiary ID For example, if your Beneficiary ID is12**, then
	For example, if folio number is 001 and EVEN is 101456, EVEN Number followed by Folio Number registered with the Company the User ID is 101456001

1. Password details for shareholders other than Individual shareholders are given below:

2. a) If you are already registered for e-voting, then you can use your existing password to login and cast your vote.

3. b) If you are using NSDL e-Voting system for the first time, you will need to retrieve the ‘initial password’ which was communicated to you. Once you retrieve your ‘initial password’, you need to enter the ‘initial password’ and the system will force you to change your password.

4. c) How to retrieve your ‘initial password’?

   • (i) If your e-mail ID is registered in your demat account or with the Company, your ‘initial password’ is communicated to you on your e-mail ID. Trace the e-mail sent to you from NSDL from your mailbox. Open the e-mail and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your ‘User ID’ and your ‘initial password’.

   • (ii) If your e-mail ID is not registered, please follow steps mentioned below in process for those shareholders whose e-mail IDs are not registered .

5. If you are unable to retrieve or have not received the “Initial password” or have forgotten your password:

6. a) Click on “ Forgot User Details/Password ?”(If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.

7. b) “ Physical User Reset Password ?” (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.

8. c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.com mentioning your demat account number/folio number, PAN, name and registered address etc.

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MAHARASHTRA SEAMLESS LIMITED

• d) Members can also use the OTP (One Time Password) based login for casting the votes on the e-voting system of NSDL.

• After entering your password, tick on Agree to “Terms and Conditions” by selecting on the check box.

• Now, you will have to click on “Login” button.

• After you click on the “Login” button, Home page of e-Voting will open.

Step 2: Cast your vote electronically on NSDL e-voting system.

How to cast your vote electronically on NSDL e-voting system?

1. After successful login at Step 1, you will be able to see all the companies “EVEN” in which you are holding shares and whose voting cycle.

2. Select “EVEN” of Company for which you wish to cast your vote during the remote e-voting period.

3. Now you are ready for e-voting as the voting page opens.

4. Cast your vote by selecting appropriate options i.e. assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on “Submit” and also “Confirm” when prompted.

5. Upon confirmation, the message “Vote cast successfully” will be displayed and you will receive a confirmation by way of a SMS on your registered mobile number from depository.

6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.

7. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

General Guidelines for Shareholders

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to send scanned copy (PDF/JPG Format) of the relevant Board Resolution/ Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Scrutinizer by e-mail to fcspoojajain@gmail.com with a copy marked to evoting@nsdl.com. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) can also upload their Board Resolution / Power of Attorney / Authority Letter etc. by clicking on "Upload Board Resolution / Authority Letter" displayed under "e-Voting" tab in their login.

2. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option available on https://www.evoting.nsdl.com to reset the password.

3. In case of any queries, you may refer the Frequently Asked Questions (“FAQs”) for Shareholders and e-voting user manual for Shareholders available at the download section of https://www.evoting.nsdl.com or call on : 022 - 4886 7000 and 022 - 2499 7000 or send a request to Ms. Pallavi Mhatre, Senior Manager, NSDL at evoting@nsdl.com

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e mail ids for evoting for the resolutions set out in this notice:

1. In case shares are held in physical mode please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self-attested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) by email to secretarial@mahaseam.com

2. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (self-attested scanned copy of PAN card), AADHAR (selfattested scanned copy of Aadhar Card) to secretarial@mahaseam.com. If you are an Individual shareholder holding securities in demat mode, you are requested to refer to the login method explained at step 1 (A) i.e. Login method for e-Voting for Individual shareholders holding securities in demat mode.

3. Alternatively, shareholder/members may send a request to evoting@nsdl.com for procuring user id and password for e-voting by providing above mentioned documents.

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MAHARASHTRA SEAMLESS LIMITED

EXPLANATORY STATEMENT

(Pursuant to Section 102 read with Section 110 of the Companies Act, 2013)

Item Nos. 1

The Members of the Company had appointed Mr. Saket Jindal as Managing Director of the Company for a term of five years from 1st April, 2020 to 31st March, 2025.

Mr. Saket Jindal, aged about 51 years, is BBA from Boston University. He has over two decades of experience in managing the enterprises engaged in Steel pipe, Non- Banking finance, Renewable energy etc. As Managing Director, he has been responsible for expanding the operations, diversifying, expanding global reach of the Company’s products. The Company has improved its performance substantially during his leadership.

The Board of Directors of the Company at its meeting held on 27th January, 2025 has, subject to approval of members, re-appointed Mr. Saket Jindal as Managing Director for a further period of 5 (five) years from 1st April, 2025, on the terms and conditions including remuneration as recommended by the Nomination and Remuneration Committee of the Board.

The proposed remuneration is within the limits prescribed under Section 197 read with Section I of Part II of Schedule V of the Act.

Mr. Saket Jindal has furnished a declaration in the prescribed form to the effect that he is not disqualified from being appointed as Director in terms of Section 164 of the Act and consent to act as a Director. Mr. Saket Jindal is not debarred or disqualified from being appointed as Managing Director of the Company by SEBI/Ministry of Corporate Affairs or such other statutory body.

Further the Company has received notice in writing under Section 160 of the Act proposing the candidature of Mr. Saket Jindal for the office of Managing Director of the Company.

Mr. Saket Jindal satisfies all conditions set out in Part-I of Schedule V of the Act as also conditions set out under Section 196(3) of the Act for his re-appointment.

This explanatory statement along with the resolution may be treated as written memorandum setting out the terms of remuneration of Mr. Saket Jindal under Section 190 of the Act.

Details of Mr. Saket Jindal, pursuant to the provisions of (i) Listing Regulations; and (ii) Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India, are provided in this Postal Ballot Notice.

Except Mr. Saket Jindal, himself, Mr. Dharam Pal Jindal, his father and Mr. Raghav Jindal, being his brother and their relatives who may be deemed to be interested in the resolution, none of the other Directors/ Key Managerial Personnel and their relatives are interested financially or otherwise in the resolution.

The Board recommends the resolution as set out in item no. 1 of the accompanying Postal Ballot Notice for the approval of members of the Company.

By Order of the Board of Directors For Maharashtra Seamless Limited

Place: New Delhi Date: 27th January, 2025

Ram Ji Nigam Company Secretary M. No. ACS-18763

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MAHARASHTRA SEAMLESS LIMITED

Details pursuant to Regulation 36(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Secretarial Standards (SS-2) issued by the Institute of Company Secretaries of India]

Particulars	Mr. Saket Jindal
Age	51 years
Qualifications	BBA
Brief Profile Expertise in specific functional area	Mr. Saket Jindal is BBA from Boston University. He has over two decades of experience in managing the enterprises engaged in Steel pipe, Non- Banking finance, Renewable energy etc. As Managing Director, he has been responsible for expanding the operations, diversifying, expanding global reach of the Company’s products
Terms and Conditions of appointment/ Re-appointment	As per the resolution set out in the Notice of Postal Ballot read with Explanatory Statement thereto.
Remuneration last drawn (including sitting fees, if any)	Please refer Annual Report for the year 2023-24
paid Remuneration proposed to be	thereto. As per the resolution set out in the Notice of Postal Ballot read with explanatory statement
the Board. Date of first appointment on	1st September, 2001
as on as on date of Postal Ballot Notice Shareholding in the Company	43,39,032 Equity Shares
Relationship with other Directors / Key Managerial Personnel	Mr. Saket Jindal is son of Mr. Dharam Pal Jindal, Chairman and brother of Mr. Raghav Jindal, Joint Managing Director of the Company.
this Postal Ballot Notice) Number of meetings of the financial year ((till the date of Board attended during the	4
Directorships of other Boards Notice as on date of Postal Ballot	4. Brahma Dev Holding & Trading Ltd. 5. Odd & Even Trades & Finance Limited 1. Haryana Capfin Limited 3. Maharashtra Seamless Finance Limited 2. Jindal Pipes Limited 6. Global Jindal Fin-Invest Limited
Membership /Chairmanship of Committees of other Boards as on as on date of Postal Ballot Notice	Nil
Director has resigned in Listed entities from which the the past three years	Nil

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