Maharashtra Seamless Limited (MSL) has announced the voluntary strike-off and closure of four of its subsidiaries and associates. These include Discovery Oil and Mines Pte. Ltd. (DOMPL) and Star Drilling Pte. Ltd. (Star Drilling) registered in Singapore, Zircon Drilling Supplies and Trading FZE (Zircon) registered in UAE, and Dev Drilling Pte. Ltd. (Dev Drilling) registered in Singapore.

The closure of these entities is not expected to impact MSL's overall operations or financial position. The announcement details the financial contributions of these entities for the financial year ended March 31, 2025. DOMPL had a total income of ₹0.05 Crore (0.00% of consolidated income) and nil net worth. Zircon reported a total income of ₹2.29 Crore (0.042% of consolidated income) and a net worth of ₹8.86 Crore (0.15% of consolidated net worth). Dev Drilling had a total income of ₹1.43 Crore (0.03% of consolidated income) and nil net worth, while Star Drilling reported a total income of ₹0.03 Crore (0.00% of consolidated income) and nil net worth.

The company has submitted the necessary disclosures as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.