NSEUpdates10 Sept 2026 · 10 Sept 2026, 01:36 pm

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Maithan Alloys Limited · MAITHANALL

✦ AI SummaryPromoter Reclassif.

Maithan Alloys Limited has received a decision from the National Stock Exchange (NSE) regarding its application for re-classification of certain promoters/promoter groups from 'Promoter & Promoter Group' category to 'Public' category under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The NSE has returned the application due to unaddressed queries/clarifications despite multiple follow-ups.

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Full Announcement

Maithan Alloys Limited has informed the Exchange regarding Intimation of decision of the National Stock Exchange of India Limited (NSE) on application for re-classification under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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MAITHANALL_10092026133506_NSEletterForSE.pdf

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Krnn alloys ltd ISO 9t0l : 2008 COMPANY Registered Office : ldeal Centre,4th Floor 9, A J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E office@maithanalloys.com W www.maithanalloys.com CIN : 1271 0'1W81985P1C039503 10h September, 2026 1l 2l The Secretary Listing Department The Calcutta Stock Exchange Limited National Stock Exchange of India Ltd. 7, Lyons Range Exchange Plaza, Bandra-Kur1a Complex, Kolkata - 700 001 Bandra (E), Mumbai - 400 051 Scrip code: 10023915 Scrip code: MAITHANALL Sub: Intimation of decision of the National Stock Exchange of India Limited (NSE) on application for re-classification under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is further to our letter dated 4th February, 2026, intimating that an application was submitted to the National Stock Exchange of India Limited (NSE) and The Calcutta Stock Exchange Limited (CSE) on 3'd February, 2026, seeking thet respective approvals by way of No-Objection letters for the re-classification of Mr. Prahlad Rai Agarwalla, Mrs. Sarita Devi Agarwalla, Mr. Avinash Agarwalla, and M/s. Prahlad Rai Agarwalla HUF from "Promoter & Promoter Group" category to "Public" category shareholders of the Company pursuant to Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Listing Regulations"). In this regard, we would like to inJorm you that NSE, vide its letter dated 9th September, 2026, has intimated its decision on the said re-classification application. We are enclosing a copy of the said letter dated 9m September, 2026, as received from the NSE. This information is submitted pursuant to Regulation 31,{(8) of the Listing Regulations. The event occurred on 9th SeptembeT ,2026, at 6:-17 P.M. (beirg the date of receipt of the letter from NSE). You are requested to kindly take ihe same on record. Thanking you, Yours faithfully, For Maithan Alloys Limited Raiesh K. Shah Company Secretary Encl: a/ a cc: The Corporate Relationship Department BSE Limited Rotunda Building, P.J. Towers Dalal Sheet, Fort, Mumbai 400 001 Scrip Code: 590078 Works : Unit - : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Unit-lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unit - IV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) Ref:NSE/LIST/MAITHANALL/564/2026-2027 Date: September09, 2026 The Company Secretary Maithan Alloys Limited 4th Floor, 9, A.J.C. Bose Road, Kolkata 700017 Subject: Application for Reclassification of Promoter(s)/Promoter Group(s) to Public Category under Regulation 31A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, Dear Sir/Madam, This isin reference to your applicationdated February03, 2026, seekingno-objection from the National Stock Exchange for reclassification of promoter /promoter group (list enclosed below) to public category under Regulation 31A of SEBILODRRegulations. Sr. No. Name of Outgoing Promoters/who is seeking for reclassification 1. Prahlad Rai Agarwalla 2. Sarita Devi Agarwalla 3. Avinash Agarwalla 4. Prahlad Rai Agarwalla HUF In response to the application submitted under Regulation 31A of the SEBI LODR, it was observed that queries/clarifications raised by the Exchange have remained unaddressed despite multiple follow ups. Accordingly, the application of the promoters/promoter groupsfor seeking reclassification cannot be considered under Regulation 31A of the SEBI LODR Regulations and is being returned due to the prolonged non-response. You may submit a fresh application along with complete set of requisite documentsand applicable fees, if you wish to pursue the matter further. Yours faithfully, forNational Stock Exchange of India Limited Ajit Mahadik Senior Manager Listing Compliance CC: National Securities Depository Limited Central Depository Services Limited 301, G-Block, Plot No. C-32, Naman Marathon Futurex, A-Wing, Chambers, 3rd Floor, Bandra Kurla Complex, 25th floor, NM Joshi Marg, Bandra East, Mumbai, Maharashtra, 400051 Lower Parel, Mumbai -400 073 Non-Confidential