Maithan Alloys , a prominent player in the ferro-alloys industry, has made strategic moves in the stock market by acquiring stakes in two major Indian companies. The company executed stock exchange transactions to purchase shares in State Bank of India (SBI) and NBCC (India) Limited, diversifying its investment portfolio.

Investment Details

The acquisitions, totaling Rs 70.06 crore, were made through cash transactions on the stock exchange. Maithan Alloys has stated that these investments are intended for both long-term and short-term benefits, emphasizing that the company does not aim to acquire management control in either entity.

Company Profiles

State Bank of India (SBI)

• Turnover: Rs 462,489.00 crore
• Profit After Tax (PAT): Rs 70,901.00 crore

NBCC (India) Limited

• Turnover: Rs 8,725.00 crore
• Profit After Tax (PAT): Rs 476.00 crore
• Net Worth: Rs 2,328.00 crore

NBCC, a Government of India Navratna Enterprise, specializes in project management consultancy for civil construction projects, real estate development, and engineering procurement & construction activities. The company has a presence in India and four foreign countries: Maldives, Seychelles, Saudi Arabia, and Mauritius.

Investment Strategy

Maithan Alloys' decision to invest in these companies appears to be part of a broader strategy to diversify its investment portfolio. The company's approach of acquiring small stakes in established entities suggests a focus on financial returns rather than operational control.

Regulatory Compliance

The transactions were conducted at arm's length and do not involve any related party transactions. Maithan Alloys has complied with the necessary regulatory requirements, including disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic move by Maithan Alloys demonstrates the company's proactive approach to investment and its confidence in the growth potential of India's banking and construction sectors.

Maithan Alloys , a prominent player in the alloys industry, has made a strategic move by acquiring a stake in India's largest public sector bank, State Bank of India (SBI). The company purchased 1,116,058 equity shares of SBI through stock exchange transactions on October 13, 2025, representing a 0.012% shareholding in the banking giant.

Transaction Details

Purpose and Implications

Maithan Alloys stated that the acquisition was made for long-term and short-term investment benefits. The company emphasized that it does not intend to acquire control of SBI's management, either directly or indirectly. This move appears to be purely an investment decision, likely aimed at diversifying Maithan Alloys' portfolio and potentially benefiting from SBI's strong market position and financial performance.

Regulatory Compliance

The acquisition triggered disclosure requirements under Securities and Exchange Board of India (SEBI) regulations due to threshold limits being reached. Maithan Alloys promptly filed the necessary disclosures, demonstrating its commitment to regulatory compliance and transparency.

State Bank of India's Financial Performance

To provide context for this investment, it's worth noting SBI's recent financial performance:

These figures underscore SBI's significant market presence and financial strength, which likely factored into Maithan Alloys' investment decision.

Transaction Characteristics

• The deal was conducted at arm's length, ensuring fairness and market-based pricing.
• No related party transactions were involved in this acquisition.
• The transaction was completed using cash consideration.

Conclusion

This strategic investment by Maithan Alloys in State Bank of India represents a noteworthy development in the Indian corporate landscape. While the stake is relatively small, it reflects Maithan Alloys' confidence in SBI's future prospects and its own investment strategy. As both companies continue to operate in their respective sectors, market observers will be keen to see how this investment plays out in the long term.