Maithan Alloys Limited has announced the restoration of full ferro alloys production capacity at its Kalyaneshwari Unit, effective from May 1st, 2026. The company communicated this operational update to stock exchanges on April 30th, 2026, marking the end of reduced capacity operations that began in August 2024.

Production Capacity Timeline

The Kalyaneshwari unit's production journey shows a clear timeline of operational changes:

Regulatory Compliance and Communication

The company has maintained transparency with stakeholders through regular updates to stock exchanges. Maithan Alloys had previously informed exchanges about the production reduction through letters dated July 27th, 2024, and February 1st, 2025. The latest communication was made under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015.

Stock Exchange Communications

The company addressed multiple exchanges with this update:

Manufacturing Infrastructure

Maithan Alloys operates multiple manufacturing units across India. The Kalyaneshwari Unit, located in Paschim Bardhaman district of West Bengal, is designated as Unit-I. The company also operates Unit-II at Byrnihat in Meghalaya and Unit-III at Atchutapuram in Andhra Pradesh, demonstrating its pan-India manufacturing presence.

The restoration of full production capacity at the Kalyaneshwari Unit represents a significant operational milestone for the company's ferro alloys business segment. Company Secretary Rajesh K. Shah signed the official communication, ensuring proper corporate governance protocols were followed in disseminating this material information to stakeholders.

Maithan Alloys Limited has reported zero dematerialization requests during the fourth quarter of FY26, confirming full compliance with regulatory requirements under SEBI's Depositories and Participants Regulations. The company filed its quarterly compliance report on April 8, 2026, covering the period from January 1, 2026 to March 31, 2026.

Regulatory Compliance Status

The company confirmed that no dematerialization requests were received during the specified quarter, which meant no share certificates required destruction, mutilation, or cancellation in accordance with Sub-Regulation 5 of Regulation 74 of SEBI Depositories and Participants Regulations, 2018.

Stock Exchange Notifications

Maithan Alloys submitted the compliance confirmation to multiple stock exchanges where its shares are listed. Company Secretary Rajesh K. Shah signed the official communication sent to the exchanges.

Exchange Details

Third-Party Validation

The compliance status was independently verified by Maheshwari Datamatics Pvt. Ltd., the company's Registrar and Transfer Agent. The RTA, based in Kolkata, provided written confirmation that no dematerialization requests were processed during the quarter under review.

RTA Confirmation Details

Depository Services Notification

The company also informed both major depositories in India about the compliance status. Central Depository Services (India) Ltd. and National Securities Depository Ltd. were copied on the official communication, ensuring comprehensive regulatory disclosure across all relevant market infrastructure institutions.

This quarterly compliance filing demonstrates Maithan Alloys' adherence to SEBI's regulatory framework governing the dematerialization process and share certificate management. The zero dematerialization requests indicate stable shareholding patterns during the quarter, with no investors opting to convert physical shares to electronic form during this period.