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Incorporated in 1988, Mahamaya Steel Industries Ltd does manufacturing steel structures in the shape of Angles, Beams, Joist, Channels, Rounds, Flats, Railway sleepers, etc.
Mahamaya Steel's board approved raising borrowing limits to ₹900 Cr and inter-corporate loan/investment limits to ₹900 Cr (plus ₹300 Cr for group entities). Also greenlit material transactions for a solar project, new statutory auditors, and re-appointed an independent director.
Mahamaya Steel's Board approved raising borrowing limits to Rs 900 Cr & internal loan limits to Rs 900 Cr/Rs 300 Cr for group entities. They also cleared related party transactions including solar project loans, the FY25-26 Annual Report, and proposed auditor & director changes. AGM on Sept 25.