Maithan Alloys Limited has made a strategic move in the Indian stock market by acquiring a stake in NBCC (India) Limited, a government-owned Navratna Enterprise. The transaction, which took place on October 20, 2025, saw Maithan Alloys purchase 1,084,301 equity shares of NBCC, representing a 0.04% shareholding, for a total consideration of Rs 12.27 crore.

Transaction Details

Investment Rationale

Maithan Alloys has stated that the acquisition was made with the intention of reaping both long-term and short-term investment benefits. The company has explicitly mentioned that it does not intend to acquire control of NBCC's management, either directly or indirectly. This move appears to be purely an investment decision, leveraging the potential growth and returns that NBCC might offer.

About NBCC (India) Limited

NBCC (India) Limited is a prominent player in the construction and infrastructure sector. Here are some key details about the company:

NBCC has shown consistent growth in its turnover over the past three years:

• FY 2024-2025: Rs 8,725.00 crore
• FY 2023-2024: Rs 8,027.00 crore
• FY 2022-2023: Rs 6,736.00 crore

Transaction Compliance

The acquisition was conducted at arm's length, with no related party involvement. Maithan Alloys has complied with the necessary regulatory requirements, including the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic investment by Maithan Alloys in NBCC (India) Limited reflects the company's confidence in the construction and infrastructure sector. As NBCC continues to play a significant role in various civil construction projects and real estate developments, this acquisition may potentially yield favorable returns for Maithan Alloys in the future.

Maithan Alloys Limited, a prominent player in the alloy manufacturing sector, has recently expanded its investment portfolio by acquiring a stake in NBCC (India) Limited, a government-owned Navratna Enterprise. The move, aimed at diversifying Maithan Alloys' investments, marks a strategic step in the company's financial management.

Transaction Details

Investment Rationale

Maithan Alloys has stated that this acquisition is purely for investment purposes, with the company looking to generate both long-term and short-term benefits. It's important to note that Maithan Alloys has explicitly mentioned that it does not intend to acquire control of NBCC's management, positioning this move as a strategic financial investment rather than a step towards operational involvement.

About NBCC (India) Limited

NBCC (India) Limited, the target of this investment, is a well-established entity in the infrastructure sector. Here are some key points about NBCC:

Market Implications

This acquisition by Maithan Alloys could be seen as a vote of confidence in NBCC's future prospects and the overall infrastructure sector in India. While the stake is relatively small, it represents a significant financial commitment and may signal Maithan Alloys' interest in diversifying its investment portfolio beyond its core business of alloy manufacturing.

Regulatory Compliance

Maithan Alloys has duly informed the stock exchanges about this acquisition, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has emphasized that the transaction was conducted at arm's length, with no related party involvement or promoter interest in NBCC.

As the infrastructure sector continues to play a crucial role in India's economic growth, this investment by Maithan Alloys in NBCC could potentially yield positive returns while contributing to the broader development of the country's infrastructure landscape.