Maithan Alloys Limited has announced a board meeting to review and approve its quarterly financial performance for the third quarter of fiscal year 2026. The meeting represents a key milestone in the company's regular financial reporting schedule as mandated by regulatory requirements.

Board Meeting Details

The board of directors will convene on January 30, 2026, at 12:30 PM at the company's registered office located at Ideal Centre, 4th Floor, 9, AJC Bose Road, Kolkata-700017. The meeting has been scheduled in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Scope

The board will consider and take on record both standalone and consolidated unaudited financial results for two specific periods. The review will cover the quarter ended December 31, 2025, as well as the nine-month period ended on the same date, providing comprehensive insights into the company's financial performance for the current fiscal year.

Trading Window Restrictions

Maithan Alloys has implemented trading window restrictions as part of its insider trading prevention measures. The trading window for dealing in the company's securities closed on January 1, 2026, and will remain closed until 48 hours after the board of directors declares the duly approved financial results for the quarter and nine months ended December 31, 2025.

Regulatory Compliance and Communication

The company has formally notified all relevant stock exchanges about the upcoming board meeting. The communication has been sent to The Calcutta Stock Exchange Limited, National Stock Exchange of India Ltd., and BSE Limited, ensuring full compliance with listing requirements and maintaining transparency with all stakeholders.

The notice was signed by Rajesh K. Shah, Company Secretary, on January 22, 2026, demonstrating the company's commitment to timely and proper regulatory disclosures. This scheduled board meeting reflects Maithan Alloys' adherence to corporate governance standards and regulatory obligations in the Indian financial market.

Maithan Alloys Limited has received a formal request from four promoter group members seeking reclassification from "Promoter & Promoter Group Category" to "Public Category" under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed stock exchanges about this development on January 15, 2026, following receipt of the request letter dated January 13, 2026.

Shareholding Details of Requesting Members

The four promoter group members collectively hold a significant stake in the company. Their shareholding details as of January 13, 2026, are presented below:

Regulatory Compliance and Certifications

The requesting promoter group members have provided comprehensive certifications to support their reclassification request. They have jointly and severally confirmed compliance with key regulatory requirements:

• They do not hold more than ten percent of total voting rights in Maithan Alloys Limited
• They do not exercise control over company affairs, directly or indirectly
• They have no special rights through formal or informal arrangements including shareholder agreements
• They are not represented on the Board of Directors as nominee directors
• They do not act as Key Managerial Personnel of the company
• They are not classified as 'willful defaulters' under RBI Guidelines
• They are not fugitive economic offenders

Board Consideration and Next Steps

Maithan Alloys Limited has confirmed that the reclassification request will be considered by the Board of Directors at its next meeting. The company has fulfilled its disclosure obligations under Regulation 31A(8) of SEBI regulations by informing all relevant stock exchanges including National Stock Exchange, BSE Limited, and The Calcutta Stock Exchange Limited.

The requesting members have committed to continue complying with specified conditions under Regulation 31A(3) for at least three years from the date of reclassification. They have acknowledged that failure to maintain compliance would result in automatic reclassification back to "Promoter Group" category. The event was formally recorded on January 15, 2026, at 3:13 PM, marking the official receipt of the request letter by the company.