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.
The approval of financial results and a merger could have a moderate impact on the company's operations and stock performance.
The announcement is about the approval of financial results and other corporate actions, which are neither positively or negatively biased.
* Maithan Alloys Limited approved standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025, on November 13, 2025. * The Statutory Auditor, Singhi & Co., Chartered Accountants, have carried out the Limited Review of the aforesaid Standalone Un-Audited Financial Results and Consolidated Un-Audited Financial Results. * The Board of Directors approved a Scheme of Merger by Absorption of Impex Metal & Ferro Alloys Limited into Maithan Alloys Limited on May 28, 2025; application filed with NCLT on August 02, 2025. * Capital assets of Byrnihat Unit sold for ₹25.48 Crore on October 03, 2025, with an advance of ₹5.00 Crore received on September 28, 2025. * The Company has received a refund of ₹30.54 Crore during the quarter ended September 30, 2025 as Custom Duty. * Acquired 80% share capital of Goldtree Impex Private Limited (GIPL) w.e.f. May 12, 2025 for ₹0.02 Crore. * Company's share in Maiuni Ventures LLP is 99.99% and has contributed ₹63.10 Crore as Capital during the half year ended September 30, 2025.
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Maithan Alloys Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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