Maithan Alloys Share News - Latest Updates, Live News & More

Latest news about Maithan Alloys

Maithan Alloys Acquires Bank of India Shares Worth ₹10.74 Crore for Investment Portfolio 1 day ago Yesterday

Maithan Alloys Limited acquired 649,700 equity shares of Bank of India for ₹10.74 crore on February 12, 2026, representing 0.01% shareholding. The acquisition was made for investment benefits without seeking management control. Bank of India reported strong financials with turnover of ₹70,826 crore and PAT of ₹9,219 crore as of March 31, 2025. The transaction was conducted at arm's length through stock exchange operations.

Maithan Alloys Acquires Bank of Baroda Shares Worth Rs. 19.26 Crore 1 day ago Yesterday

Maithan Alloys Submits Stock Exchange Applications for Promoter Reclassification Jan 31, 2026

Maithan Alloys Q3 Results Show Decline in Revenue, Profit and EBITDA Performance Jan 30, 2026

Maithan Alloys Limited Incorporates Subsidiary for Electronics Manufacturing Jan 27, 2026

More news about Maithan Alloys

22Jan 26

Maithan Alloys Limited Schedules Board Meeting on January 30, 2026 for Q3FY26 Financial Results

Maithan Alloys Limited has scheduled a board meeting for January 30, 2026, at 12:30 PM to consider standalone and consolidated unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The meeting will be held at the company's registered office in Kolkata under SEBI LODR Regulation 29. A trading window closure is in effect from January 1, 2026, until 48 hours after the financial results are declared by the board.

15Jan 26

Maithan Alloys Promoter Group Members Request Reclassification to Public Category

Maithan Alloys Limited received a reclassification request from four promoter group members holding 5.11% stake, seeking to move from promoter group to public category under SEBI regulations. The members have certified compliance with all regulatory requirements and committed to maintaining conditions for three years post-reclassification. The company's board will consider this request at its next meeting.

07Jan 26

Equitas Small Finance Bank Reports Strong Q3FY26 Growth with 15.86% YoY Advance

Equitas Small Finance Bank delivered robust Q3FY26 results with gross advances reaching ₹43,269 crores (15.86% YoY growth) and total deposits of ₹43,668 crores. The bank demonstrated strong operational efficiency with disbursements of ₹6,557 crores and improved collection efficiency to 98.99%, while successfully managing asset quality through strategic NPA sales worth ₹349 crores to ARCs.

06Jan 26

Shakti Pumps Invests ₹3 Crores in Subsidiary for Solar Manufacturing Expansion

Shakti Pumps (India) Limited announced a ₹3 crore investment in its wholly owned subsidiary Shakti Energy Solutions Limited to establish a greenfield solar manufacturing facility in Pithampur, Madhya Pradesh, with 2.20 GW production capacity for Solar DCR cells and PV modules. The subsidiary has shown strong growth with turnover increasing from ₹99.15 crores in FY 2023 to ₹216.53 crores in FY 2025.

06Jan 26

Maithan Alloys Completes ₹42.85 Crore Acquisition of Union Bank of India Shares

Maithan Alloys Limited completed acquisition of 2,649,346 shares (0.03% stake) in Union Bank of India for ₹42.85 crores on January 5, 2026. The transaction was executed through stock exchange as part of investment strategy to realize long-term and short-term benefits. Union Bank of India, a major public sector bank established in 1919, reported turnover of ₹107,726 crores and PAT of ₹17,987 crores as of March 31, 2025. The acquisition was conducted at arm's length with no intention to acquire management control.

13Dec 25

Maithan Alloys Receives GST Order Demanding ₹1.61 Crore for Excess ITC Refund Claim

Maithan Alloys has received a GST order demanding ₹1,61,17,491.10 for an alleged excess refund claim of Input Tax Credit on Compensation Cess. The order, issued by the Assistant Commissioner of ASANSOL-II Division, includes ₹97,51,499.10 for erroneous ITC refund, ₹53,90,842 in interest, and ₹9,75,150 as penalty. The company is evaluating options to contest the order.

11Dec 25

Maithan Alloys Receives Credit Rating Reaffirmation from CARE Ratings

Maithan Alloys Limited received credit rating reaffirmation from CARE Ratings on December 10, 2025, maintaining CARE AA- Stable for long-term facilities and CARE A1+ for short-term facilities. The reaffirmation covers total bank facilities worth ₹540.00 crores and was based on the company's operational and financial performance for FY25 and H1 FY26.

13Nov 25

Maithan Alloys Completes NBFC Subsidiary Incorporation with ₹11 Crore Capital

Maithan Alloys Limited has completed the incorporation of its wholly-owned subsidiary Maithan Capital Limited with ₹11 crore capital comprising 1,10,00,000 equity shares for Non-Banking Financial activities. The Certificate of Incorporation was received on December 18, 2025, marking the completion of the strategic diversification process initially authorized by the Board in November 2025.

13Nov 25

Maithan Alloys Reports Narrowed Q2 Loss Despite Revenue Growth

Maithan Alloys Ltd reported a 6.38% YoY revenue increase to ₹5.00 billion in Q2 FY2026. Net loss narrowed by 25.33% to ₹1.12 billion. However, EBITDA fell 70.37% to ₹160 million, with margin compressing from 11.49% to 3.19%. The company appointed Mr. Sreejith Ariyanthari Thazherradam as Plant Head of its Vishakhapatnam Unit, effective November 13, 2025.

12Nov 25

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

Impex Metal Ferro Alloys Limited, a wholly owned subsidiary of Maithan Alloys Limited, has restarted production on November 11, 2025, after being shut down since April 2023. One of two furnaces for ferro-alloy manufacturing has resumed operations, with commercial production expected later this month. The second furnace is set to restart within 5-7 days. This development coincides with a pending merger between Impex Metal Ferro Alloys and Maithan Alloys, approved by the Board of Directors on May 28, 2025, and awaiting National Company Law Tribunal approval.

25Oct 25

Maithan Alloys Acquires 0.02% Stake in NBCC India for Rs 4.96 Crore

Maithan Alloys Limited has acquired a 0.02% stake (442,400 shares) in NBCC (India) Limited, a Government of India Navratna Enterprise, for Rs 4.96 crore. The transaction, completed on October 24, 2025, is part of Maithan Alloys' investment strategy for long-term and short-term benefits. NBCC, specializing in Project Management Consultancy, Real Estate Development, and Engineering Procurement & Construction, reported a turnover of Rs 8,725.00 crore and a profit after tax of Rs 476.00 crore as of March 31, 2025. Maithan Alloys stated it has no intention to acquire control of NBCC's management.

21Oct 25

Maithan Alloys Acquires 0.04% Stake in NBCC India for Rs 12.27 Crore

Maithan Alloys Limited has acquired a 0.04% stake in NBCC (India) Limited, a government-owned Navratna Enterprise. The company purchased 1,084,301 equity shares for Rs 12.27 crore on October 20, 2025, through stock exchange transactions. Maithan Alloys stated this acquisition is for long-term and short-term investment benefits, without intention to acquire management control. NBCC, specializing in construction and infrastructure, reported a turnover of Rs 8,725.00 crore and profit after tax of Rs 476.00 crore for FY 2024-2025.

18Oct 25

Maithan Alloys Expands Investment Portfolio with 0.05% Stake in NBCC India

Maithan Alloys Limited has acquired a 0.05% stake (1,340,400 shares) in NBCC (India) Limited for Rs 15 crore through stock exchange transactions. The investment is purely for financial purposes, with no intention to acquire management control. NBCC is a government-owned Navratna Enterprise operating in project management consultancy, civil construction, real estate development, and engineering procurement across India and four foreign countries.

17Oct 25

Maithan Alloys Acquires 0.06% Stake in NBCC India for Rs 19.92 Crore

Maithan Alloys Limited has acquired a 0.06% stake in NBCC (India) Limited, a government-owned Navratna Enterprise. The transaction involved 1,750,000 equity shares for a total consideration of Rs 19.92 crore, executed on October 16, 2025, through stock exchange transactions. Maithan Alloys aims for long-term and short-term investment benefits without intending to acquire management control. NBCC specializes in project management consultancy, civil construction, real estate development, and engineering procurement activities, with operations in India and four foreign countries.

16Oct 25

Maithan Alloys Expands Investment Portfolio with Stakes in NBCC India and State Bank of India

Maithan Alloys Limited has acquired minority stakes in NBCC (India) Limited and State Bank of India (SBI) through stock exchange mechanisms. The company purchased 892,850 shares (0.03% stake) in NBCC for Rs 9.96 crore and 457,000 shares (0.005% stake) in SBI for Rs 40.45 crore, totaling an investment of Rs 50.41 crore. Maithan Alloys stated that these acquisitions were made purely for investment purposes, aiming for long-term and short-term benefits, without intention to acquire management control.

15Oct 25

Maithan Alloys Expands Investment Portfolio with Stakes in SBI and NBCC

Maithan Alloys has acquired stakes in State Bank of India (SBI) and NBCC (India) Limited through stock exchange transactions. The company purchased 683,000 shares (0.007% stake) in SBI for Rs 60.05 crore and 905,000 shares (0.03% stake) in NBCC for Rs 10.01 crore, totaling an investment of Rs 70.06 crore. These investments are intended for long-term and short-term benefits, without aiming for management control. The transactions were conducted at arm's length and comply with regulatory requirements.

14Oct 25

Maithan Alloys Acquires 0.012% Stake in State Bank of India for Rs 98.84 Crore

Maithan Alloys purchased 1,116,058 equity shares of State Bank of India (SBI) on October 13, 2025, representing a 0.012% stake. The acquisition, made through stock exchange transactions, cost Rs 98.84 crore. Maithan Alloys stated the purchase was for long-term and short-term investment benefits, without intention to acquire control of SBI's management. The transaction triggered SEBI disclosure requirements. SBI's recent financial performance shows a turnover of Rs 462,489.00 crore and profit after tax of Rs 70,901.00 crore for FY 2024-2025.

06Oct 25

Maithan Alloys Divests Capital Assets of Byrnihat Unit

Maithan Alloys, a key player in alloy manufacturing, has completed the sale of all capital assets of its Byrnihat unit in Meghalaya. The company has not disclosed the financial terms or the buyer's identity. This strategic move marks a significant shift in Maithan Alloys' asset portfolio and could impact its operational presence in the Meghalaya region.

26Sept 25

Maithan Alloys to Sell Capital Assets from Closed Byrnihat Unit

Maithan Alloys' Board of Directors has authorized the sale of capital assets from its closed Byrnihat Unit in Meghalaya. This decision follows the company's previous announcements of production closure at the facility. The company has also announced the closure of its trading window from October 1 until 48 hours after the declaration of Q2 and H1 financial results.

22Sept 25

Maithan Alloys Halts Production at Byrnihat Unit Ahead of Schedule

Maithan Alloys Limited has suspended production at its Byrnihat Unit in Meghalaya earlier than planned, effective September 22, 8:00 A.M. The decision was driven by adverse market conditions and a steep increase in power costs. The suspension is for an indefinite period, affecting operations in Meghalaya. The company has two other manufacturing facilities in West Bengal and Andhra Pradesh. This action was reported to stock exchanges in compliance with SEBI regulations.

17Sept 25

Maithan Alloys Announces ₹16 Per Share Final Dividend with Detailed TDS Guidelines

Maithan Alloys has announced a final dividend of ₹16.00 per equity share, with September 19, 2025, set as the record date. The book closure period is September 20-27, 2025. TDS rates vary for different shareholder categories, with non-residents subject to 20% plus surcharge and cess, while resident individuals face no TDS for dividends below ₹10,000 annually. The company has set September 30, 2025, as the deadline for document submission and emphasized the importance of updated bank details and PAN-Aadhaar linking for smooth dividend processing.

15Sept 25

Maithan Alloys Announces Rs. 6 Final Dividend for FY2024-25, Sets Record Date

Maithan Alloys Limited has declared a final dividend of Rs. 6 per equity share (60% of face value) for FY 2024-25. The record date is set for September 19, 2025, with book closure from September 20-27, 2025. The dividend, approved by the Board on May 28, 2025, awaits shareholder approval at the upcoming AGM scheduled for September 27, 2025.

13Aug 25

Maithan Alloys Extends Byrnihat Unit Closure to September 30, 2025

Maithan Alloys Limited has extended the closure date of its Byrnihat Unit in Meghalaya from August 31, 2025, to September 30, 2025, due to pending orders. The initial decision to close was driven by adverse market conditions and increased power costs in Meghalaya. Despite challenges, the company reported strong Q1 FY2026 results with a 49% YoY increase in revenue and an 18% rise in net profit.

13Aug 25

Maithan Alloys Reports Robust Q1 Performance with 18% Net Profit Growth

Maithan Alloys Limited, a leading ferro alloy producer, reported impressive Q1 financial results. Net profit increased by 18% to ₹541.99 crore, while revenue from operations surged 49% to ₹653.72 crore. EBITDA more than doubled to ₹505.00 crore, with the EBITDA margin improving to 7.72%. The Ferro Alloys segment generated ₹631.31 crore in revenue with ₹69.87 crore in segment results. The company is extending the closure date of its Byrnihat Unit and exploring opportunities in agriculture and food processing through new subsidiaries.

25Jul 25

Maithan Alloys Expands into Agriculture and Real Estate with New Subsidiary

Maithan Alloys Limited has incorporated a new wholly-owned subsidiary, Maithan Nutrition Private Limited, to venture into agricultural activities, food processing, and real estate. The subsidiary has an authorized capital of Rs. 0.15 crore, with Maithan Alloys holding 100% shareholding. The Certificate of Incorporation was issued on July 25, 2025. The new entity is yet to commence operations and has no previous turnover history.

30Jun 25

Maithan Alloys to Shutter Byrnihat Unit in Meghalaya by 2025

Maithan Alloys Ltd. has announced plans to indefinitely close its Byrnihat unit in Meghalaya from August 31, 2025. The decision is attributed to poor market conditions and rising electricity costs. This closure is expected to impact the company's production capacity and may have implications for its financial performance and market position in the ferro alloys industry.

28May 25

Maithan Alloys Reports Reduced Q4 Net Loss, Revenue Edges Up

Maithan Alloys Ltd., a leading Indian ferro alloys producer, reported a net loss of ₹66.20 crore in Q4, a 51.68% improvement from the ₹137.00 crore loss in the same quarter last year. Revenue increased slightly by 1.62% to ₹440.00 crore. The company's EBITDA decreased by 44.61% to ₹126.50 crore compared to the previous quarter. Despite challenges, sales grew by 14.41% to ₹531.10 crore, indicating potential market recovery.

28Mar 25

Maithan Alloys Completes Acquisition of 100,000 NSE Shares

Maithan Alloys Limited has completed its acquisition of 100,000 equity shares of the National Stock Exchange of India Limited (NSE) for Rs. 15.75 crore. The transaction, initially announced in December 2024, was finalized on March 26, 2025, following NSE's approval. The company received credit for the shares on March 27, 2025. This acquisition represents a significant investment in one of India's leading stock exchanges, potentially strengthening Maithan Alloys' position in the financial markets.

27Mar 25

Maithan Alloys Completes Acquisition of 100,000 NSE Shares

Maithan Alloys Limited has finalized its acquisition of 100,000 shares of the National Stock Exchange of India Limited (NSE) for Rs. 15.75 crore. The transaction, initially announced in December 2024, was completed on March 26, 2025, following NSE's in-principle approval. Maithan Alloys received confirmation of the share credit on March 27, 2025.

12Mar 25

Maithan Alloys Resumes Operations at Byrnihat Unit Following Pollution Board Clearance

Maithan Alloys Limited has restarted operations at its Byrnihat unit in Meghalaya on March 11, 2025, following the revocation of a 'Notice of Closure' by the Meghalaya State Pollution Control Board. Both furnaces were switched on immediately, with full production expected to resume within a week. The unit had been temporarily closed since February 6, 2025, due to environmental compliance issues.

11Mar 25

Maithan Alloys Resumes Operations at Byrnihat Unit Following Regulatory Clearance

Maithan Alloys Limited has restarted operations at its Byrnihat unit in Meghalaya on March 11, 2025, following the revocation of a closure notice by the Meghalaya State Pollution Control Board. Both furnaces were switched on at 12:44 PM, with production expected to resume next week and gradually scale up. This comes after a temporary closure initiated on February 6, 2025, due to a notice from the MSPCB.