Maithan Alloys' Subsidiary Resumes Ferro-Alloy Production After Two-Year Hiatus

Maithan Alloys Limited , a key player in the Indian ferro-alloy industry, has announced a significant development in its operations. The company's wholly owned subsidiary, Impex Metal Ferro Alloys Limited, has restarted production after a prolonged shutdown.

Production Restart Details

Restart Date: November 11, 2025
Facility: One of two furnaces for ferro-alloy manufacturing
Previous Status: Complete production shutdown since end of April 2023
Expected Commercial Production: Later this month
Second Furnace: Expected to restart within 5 to 7 days

This move marks a pivotal moment for Impex Metal Ferro Alloys, which had completely halted production by the end of April 2023 for an indefinite period. The restart of operations signals a potential turnaround for the subsidiary and could have implications for Maithan Alloys' overall production capacity.

Merger Plans

Adding to the significance of this development is an ongoing corporate restructuring initiative:

Merger Scheme: Approved by Board of Directors on May 28, 2025
Parties Involved: Impex Metal Ferro Alloys Limited and Maithan Alloys Limited
Current Status: Awaiting approval from the National Company Law Tribunal

The proposed merger, once approved, could streamline operations and potentially enhance the company's market position in the ferro-alloy sector.

Market Implications

The resumption of production at Impex Metal Ferro Alloys may indicate:

Improved market conditions in the ferro-alloy sector
Strategic realignment of Maithan Alloys' production capabilities
Potential for increased output and market share in the coming months

Investors and stakeholders will be keen to see how this restart impacts Maithan Alloys' financial performance and market standing in the ferro-alloy industry.

As the situation develops, further updates on the full resumption of operations and the progress of the merger process will be crucial for understanding the long-term implications for Maithan Alloys and its position in the market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.34%	+0.73%	-12.87%	-14.87%	-15.96%	+72.13%

Maithan Alloys Limited has recently made a strategic move in the stock market by acquiring a small stake in NBCC (India) Limited, a Government of India Navratna Enterprise. The transaction, completed on October 24, 2025, marks Maithan Alloys' entry into NBCC's shareholding structure.

Transaction Details

Aspect	Details
Shares Acquired	442,400
Shareholding Percentage	0.02%
Total Consideration	Rs 4.96 crore
Mode of Payment	Cash
Date of Acquisition	October 24, 2025

Investment Strategy

Maithan Alloys stated that this acquisition is part of its investment strategy aimed at reaping both long-term and short-term benefits. The company emphasized that it has no intention to acquire control of NBCC's management, positioning this move as a purely financial investment.

About NBCC (India) Limited

NBCC, the target of this investment, is a prominent player in India's construction and real estate sector. As a Navratna Enterprise, it holds a significant position in the industry.

Key Areas	NBCC's Specializations
1	Project Management Consultancy
2	Real Estate Development
3	Engineering Procurement & Construction

NBCC's Financial Highlights (as of March 31, 2025)

Financial Metric	Amount
Turnover	Rs 8,725.00 crore
Profit After Tax	Rs 476.00 crore
Net Worth	Rs 2,328.00 crore

Regulatory Aspects

The acquisition does not fall under related party transactions and did not require any governmental or regulatory approvals. This suggests a straightforward process for Maithan Alloys in executing this investment decision.

This strategic move by Maithan Alloys reflects a broader trend of companies diversifying their investment portfolios. While the stake acquired is relatively small, it demonstrates Maithan Alloys' interest in the construction and real estate sectors.