Maithan Alloys Limited has announced the incorporation of a new subsidiary, Maithan Electronics Private Limited, on January 27, 2026. The Ministry of Corporate Affairs, Government of India issued the Certificate of Incorporation on the same date at 2:18 P.M.

Subsidiary Details and Business Objective

The newly incorporated subsidiary has been established to set up a manufacturing unit for electronics and electrical goods, including wires and cables. This expansion represents Maithan Alloys' strategic entry into the cables-electricals industry.

Financial Structure and Investment

Maithan Alloys Limited, including its nominees, has acquired a controlling stake in the subsidiary through a cash consideration structure.

Corporate Structure and Operations

The subsidiary was incorporated with an authorized, issued, subscribed and paid-up capital of 10,00,000 equity shares of Rs 10 each. As a newly incorporated entity, Maithan Electronics Private Limited is yet to commence its business operations and currently shows nil turnover and profit after tax.

Regulatory Compliance

The incorporation has been completed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction does not fall within related party transactions, and no governmental or regulatory approvals were required for the acquisition.

Strategic Implications

This subsidiary incorporation marks Maithan Alloys' diversification into the electronics and electrical goods manufacturing sector. The company has confirmed that the acquisition was conducted at arm's length, with no interest from promoter groups in the acquired entity. The subsidiary will operate within India and represents a strategic expansion of the parent company's manufacturing capabilities beyond its traditional business lines.

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.