Maithan Alloys Limited

Maithan Alloys Ltd. publishes financial results for Q3 FY26.

Maithan Alloys Limited published its standalone and consolidated un-audited financial results for the quarter and nine months ending December 31, 2025. The results were announced on January 31, 2026, in compliance with SEBI regulations.

Maithan Alloys Board Approves Promoter Re-classification to Public Category

Maithan Alloys Limited's Board approved the re-classification of promoter group shareholders holding 5.11% stake to the public category. This decision is pending approvals from stock exchanges and company members. The Board meeting took place on January 30, 2026.

Maithan Alloys Board Approves Rs. 600 Crore Related Party Transactions, Alters Articles of Association

Maithan Alloys Limited's Board approved material related party transactions up to Rs. 600 Crore with subsidiary Maithan Ferrous Private Limited for FY2026-2027. The board also approved alterations to the Articles of Association to remove provisions related to the company's common seal. Both require shareholder and regulatory approval.

Maithan Alloys Board Approves AOA Amendment and ₹600 Crore Related Party Transaction

Maithan Alloys' Board approved amending Articles of Association to remove provisions for a Common Seal. It also approved related party transactions up to ₹600 Crore with subsidiary Maithan Ferrous Private Limited for FY2026-2027. Both are subject to shareholder and regulatory approvals.

Maithan Alloys Board Approves Q3 FY26 Unaudited Financial Results

Maithan Alloys Limited's Board approved the un-audited financial results for the quarter and nine months ended December 31, 2025. The results, including standalone and consolidated figures, were subject to a limited review by statutory auditors, Singhi & Co.

Maithan Alloys Incorporates Subsidiary 'Maithan Electronics' for Manufacturing

Maithan Alloys Limited incorporated a subsidiary, Maithan Electronics Private Limited, on January 27, 2026, to manufacture electronics and electrical goods. The company subscribed to 8,00,000 equity shares worth ₹80 Lakh, acquiring an 80% stake.

Maithan Alloys: No Dematerialization Requests Received in Q3FY26

Maithan Alloys Limited reported no dematerialization requests from October 1 to December 31, 2025. The company was not required to cancel any share certificates as per SEBI regulations. Confirmation received from RTA.

Maithan Alloys: Promoter Group Seeks Re-classification to Public Category

Members of Maithan Alloys Limited's Promoter Group, holding 5.11% shares, have requested re-classification to the 'Public Category' under SEBI regulations. The request was received on January 15, 2026, and will be considered by the Board.

Maithan Alloys Acquires 0.04% Stake in Bank of India for ₹25.04 Crore

Maithan Alloys Limited acquired 16,48,000 shares, or 0.04%, of Bank of India for ₹25.04 Crore on January 6, 2026. The company does not intend to gain control. BOI reported ₹70,826 Crore turnover in FY25.

Maithan Alloys Acquires 0.01% Stake in Bank of Baroda for ₹15.01 Crore

Maithan Alloys Limited acquired 0.01% stake (490,000 shares) in Bank of Baroda for ₹15.01 Crore on January 6, 2026. The acquisition is part of the company's investment strategy for long-term benefits. Maithan Alloys does not intend to gain control of the target entity.

Maithan Alloys Acquires 0.022% Stake in Bank of Baroda for ₹35.05 Crore

Maithan Alloys Limited acquired 11,38,000 shares (0.022%) in Bank of Baroda for ₹35.05 crore on January 5, 2026. This investment is strategic, aiming for long-term benefits. Maithan Alloys does not seek control over BoB's management.

Maithan Alloys Acquires 0.03% Stake in Union Bank of India for ₹42.85 Crore

Maithan Alloys Limited acquired 0.03% stake in Union Bank of India for ₹42.85 Crore on January 5, 2026. This investment aims for short-term and long-term benefits and does not involve control acquisition. UBI's financials as of March 31, 2025, show ₹10,7726 Crore turnover and ₹1,7987 Crore PAT.

Maithan Alloys Closes Trading Window from Jan 1, 2026 for Q3 FY26 Results

Maithan Alloys Limited will close its trading window from January 1, 2026. This closure is in anticipation of the board meeting to approve financial results for the quarter and nine months ending December 31, 2025. The exact date of the board meeting will be announced later.

Maithan Alloys Incorporates Wholly-Owned Subsidiary 'Maithan Capital Limited'

Maithan Alloys Limited has incorporated a wholly-owned subsidiary, Maithan Capital Limited, to undertake Non-Banking Financial activities. The new entity was incorporated on December 18, 2025, with a paid-up capital of ₹11 Crore, representing 100% shareholding by Maithan Alloys.

Maithan Alloys faces ₹1.61 Crore demand order from GST authority

Maithan Alloys Limited received an order from the GST authority demanding a refund of ₹97.51 lakh for ITC of Compensation Cess, plus ₹53.91 lakh interest and ₹9.75 lakh penalty, totaling ₹1.61 crore. The company is considering contesting the order.

Maithan Alloys: CARE Reaffirms 'AA; Stable' Long-Term and 'A1+' Short-Term Ratings

Maithan Alloys Limited's long-term bank facilities (₹90 crore) and combined facilities (₹15 crore) were reaffirmed at 'CARE AA; Stable' by CARE Ratings. Short-term facilities (₹435 crore) were reaffirmed at 'CARE A1+'. The reaffirmation is based on the company's performance in FY25 and H1FY26. Total rated facilities amount to ₹540 crore.

Maithan Alloys Publishes Newspaper Advertisement on Share Transfer Window

Maithan Alloys published newspaper ads on Dec 11, 2025, regarding a special window for re-lodging physical share transfer requests as per SEBI guidelines. Dividends for transfers lodged between July 10-31, 2025, were paid to transferees. For transfers lodged between April 1-July 9, 2025, dividends were paid to transferors.

Maithan Alloys Announces Unaudited Financial Results Publication

Maithan Alloys Limited announced the publication of its standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025, in compliance with SEBI regulations.

Maithan Alloys to form NBFC subsidiary, appoints new Visakhapatnam Plant Head

Maithan Alloys authorized a new NBFC subsidiary and appointed Mr. Sreejith Ariyanthari Thazhemadam as the Plant Head for its Visakhapatnam Unit, effective November 13, 2025.

Maithan Alloys Board approves incorporation of subsidiary & appointment of Senior Management Officer

Maithan Alloys' board approves incorporating a subsidiary for non-banking financial activities and appoints Sreejith Ariyanthari Thazhemadam as Senior Management Officer, effective November 13, 2025.

Maithan Alloys Approves Unaudited Financial Results for Quarter Ended Sep 30, 2025

Maithan Alloys approved the financial results for the quarter ended September 30, 2025. Also approved merger scheme of Impex Metal & Ferro Alloys Limited into Maithan Alloys Limited.

Resignation of Senior Management Officer - Mr. B. Venugopal Rao

Mr. B. Venugopal Rao, General Manager (Operations) of Maithan Alloys Limited, has resigned to pursue new opportunities, effective from November 15, 2025. The resignation was accepted on November 13, 2025.

Resignation of Director (Operation) of Byrnihat Unit

Mr. Prasanna Kumar Mishra, Director (Operation) Bymihat Unit, has resigned due to the sale of Byrnihat Unit by the Company, effective from 12 November 2025.

Maithan Alloys subsidiary, Impex Metal & Ferro Alloys, restarts furnace; amalgamation scheme awaits NCLT approval

Maithan Alloys' subsidiary, IMPEX, restarted one ferro-alloys furnace on 11 November 2025, with commercial production expected this month. Amalgamation scheme awaits NCLT approval.

Maithan Alloys Acquires Equity Shares of NBCC (India) Limited

Maithan Alloys acquired 0.02% equity shares of NBCC (India) Limited for ₹4.96 Crore on Oct 24, 2025, through the stock exchange as part of its investment strategy.

Maithan Alloys acquires 0.04% stake in NBCC (India) Limited for ₹12.27 Crore

Maithan Alloys acquired a 0.04% stake in NBCC (India) Limited for ₹12.27 Crore on October 20, 2025, as a long-term/short-term investment, without intending to gain control.

Acquisition of Equity Shares of NBCC (India) Limited

Maithan Alloys acquired 0.05% shares of NBCC (India) Ltd for ₹15 Crore on October 17, 2025, as part of its investment strategy. The company does not intend to acquire control of NBCC.

Maithan Alloys acquires 0.06% stake in NBCC (India) Limited for 19.92 Crore

Maithan Alloys acquired a 0.06% stake in NBCC (India) Limited for 19.92 Crore on 16 October 2025, as an investment for long-term/short-term benefits.

Maithan Alloys Acquires 0.03% Stake in NBCC (India) Limited

Maithan Alloys acquired 0.03% stake in NBCC (India) Limited for ₹9.96 crore on October 15, 2025, viewing it as an investment opportunity without intending to gain control.

Maithan Alloys acquires 0.005% stake in State Bank of India for ₹40.45 crore

Maithan Alloys Limited acquired a 0.005% stake in State Bank of India for ₹40.45 crore as a long-term/short-term investment, completed on 15 October 2025.

Maithan Alloys Acquires 0.007% Stake in State Bank of India for ₹60.05 Crore

Maithan Alloys acquired 0.007% stake in State Bank of India for ₹60.05 Crore through stock exchange, viewing it as an investment for long-term/short-term benefits.

Maithan Alloys acquires 0.03% stake in NBCC (India) Limited for ₹10.01 Crore

Maithan Alloys acquired a 0.03% stake in NBCC (India) Limited for ₹10.01 Crore on October 14, 2025, for investment benefits, without intending to gain control.

Confirmation of Dematerialization as per SEBI Regulations

Maithan Alloys confirms no dematerialization requests were received between July 1, 2025, and September 30, 2025, as per SEBI regulations.

Maithan Alloys acquires 0.012% stake in State Bank of India for ₹98.84 crore

Maithan Alloys acquired 0.012% equity shares of State Bank of India for ₹98.84 crore on October 13, 2025, for investment benefits without seeking control.

Reminder: Re-lodgement of Physical Share Transfer Requests

Maithan Alloys Limited announced a reminder regarding the special window for re-lodgement of transfer requests for physical shares via newspaper publication on 8 October 2025.

Maithan Alloys sells Byrnihat Unit's capital assets for ₹25.48 Crore

Maithan Alloys sold capital assets of its Byrnihat unit for ₹25.48 Crore on 3rd October 2025 to BODHI PREMIER LLP. The unit contributed marginally to revenue.

Maithan Alloys sells capital assets of Byrnihat unit in Meghalaya

Maithan Alloys Limited has sold capital assets of its Byrnihat manufacturing unit in Meghalaya, as per an agreement dated October 3, 2025.

Maithan Alloys shareholders approve Secretarial Auditor appointment

CRISIL Reaffirms Short Term Rating, Revises Long Term Rating for Maithan Alloys

Maithan Alloys: AGM Approves Resolutions, Director Re-Appointment

Maithan Alloys: Proceedings of 40th Annual General Meeting

Maithan Alloys suspends production at Byrnihat Unit

Maithan Alloys to hold 40th AGM on September 27, 2025

Maithan Alloys Announces Special Window for Re-lodgement of Physical Share Transfer Requests

Maithan Alloys Incorporates Wholly-Owned Subsidiary for Agriculture and Real Estate