BSECompany Update1d ago · 24 Sept 2026, 03:14 pm
Acquisition of Equity Shares through Stock Exchange.
Maithan Alloys Ltd · 590078
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Maithan Alloys Ltd has acquired 279,000 shares of ESDS Software Solution Ltd through the stock exchange, representing 0.24% of the target entity's shareholding. The acquisition was completed on September 23, 2026, at a total cost of Rs. 50.19 crore.
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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Maithan Alloys Ltd - 590078 - Announcement under Regulation 30 (LODR)-Acquisition
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Kn"n
alloys ltd
ISO 9001 :2008 COMPANY
Registered Offlce : ldeal Centre,4th Floor
9, A.J.C Bose Road, Kolkata - 700 017
"r*"Iji,l3'"1iff'"*,
W www.maithanalloys.com
CIN : 1271 0'1W81 985P1C039503
24& 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-Kurla Complex,
Kolkata 700 001 Bandra (E), Mumbai - 400 051
Scrip code: 100n915 Scrip code: MAITHANALL
Sub: Acquisition
Dear Sir/Madam,
we enclose herewith the details required under Regulation 30 of securities and Exchange
Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015 [SEBI
(LODR), 20151 read with Schedule III of the said Regulations and SEBI Master Circular No.
HO / 49 /74/14(7)2025-CID-POD2/I/3762/2026 as updated on 30 t'Jarruaty,2026 in respect of
acquisition of equity shares of a listed entity [ESDS Software Solution Limited] through stock
Exchange.
The disclosure has been submitted consequent upon triggering of threshold limit as
prescribed under Regulation 30 of SEBI (LODR), 2015.
The event has occurred on 23'd Septemb er, 2026 at 3:30 P.M. and Company became aware of
detailed particulars w.r.t. acquisition of shares on 24s Septembet,2026 at10:14 A.M.
This is for your information and records.
Thanking you,
Yours faithfully,
For Maithan Alloys Limited
Rajesh K. Shah
Company Secretary
cc: The Corporate Relationship Department
BSE Limited
Rotunda Building, P.J. Towers
Dalal Stree! Iort, Mumbai- 400 001
Scrip Code: 590078
Works: gnil - : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal)
Unit - lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andh ra Pradesh)
Unit - lV : APIIC Growth Cenke, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh)
Krn"n
alloys ltd
ISO 9001 :2008 COl!1PANY
Registered Offlce ldeal Centre,4th Floor
9, A J C Bose Road, Kolkata - 700 017
T (033) 4063 2393
E offlce@ maithan all oys. corn
W www ma ithan alloys. co m
L27101W81985PLCo39503
Name ofthe target entity ESDS Software Solution Limited
Details in briefsuch as size, tumover etc. AS AT 31.03.2026
Tumover Rs. 378 Crore
PAT Rs. 62 Crore
Netwofih Rs. 520 Crore
Whethcr the acquisition woutd fall within Related No
Party Tmnsaction(s)?
Whether the promoter/ promoter goup/ group No
companies have any interest in the entity being acquired?
Ifyes, Nature of interest and details thereof Not Applicable
Whether the same is done at "arms length"? Yes
lndushy to which the enti{ behg acquired belongs IT Enabled Services
Objects and impact of acquisition The shares were acquired though the stock exchange and form
(including but not limited to, disclosure of reasons parl of the investment of Maithan Alloys Limited with a view to
for acquisition of target entity, if its business is reap the long-term/short-term investment benefits.
outside the main line ofbusiness ofthe listed entity)
Maithan Alloys Limitcd do not intend to acquire control,
whether directty or indirectly, of the management of the
Target EntitY.
Brief details of any govemmental or regulatory No
aoorovals required for the acquisition
hdicative time period for completion ofthe acquisition The event occurred on 23'd September, 2026 and the acquisition
has been completed.
Natue ofconsideration- whether cash consideration or Cash Consideration
share swap or any other form and details ofthe same
Cost of acquisition or the price at which the shares Total Cost of acquisition Rs. 50.19 Crore on 23'd September,
are acquired (Total value) (Rs in Crore) 2026.
Percentage of shareholding / control acquired and / 0.24% of shareholding being 279000 shares were acquired on
or number of shares acquired; 23'd September, 2026.
Brief background about the entity acquircd in terms ESDS Software Solution Limited is an Al-enabled end-to-end IT
of products/line of business acquired service provider with over two decades ofexperience in building
and managing IT inliastucture. The company provides data
center, cloud, colocation, managed services and AI infrastructure
solutions for Governments and PSUS, BFSI Institutions and
Enterpdses. Its infrastructure supports workloads across
banking, public services, manufacturing, healthcare, retail,
energy, logistics and other secto6.
Date of incomoration Ausust 18, 2005
History of last 3 years turnov€r Financial Year
1't Previous year turnover 2o25-2026: Rs. 378 Crore
2"d Previous year turnover 2024-2025: Rs. 357 Crore
3'd Previous year tumover 2023-2024i Rs. 281 Crore
Country in which the acquted entity has presenae India
Any other significant information (in brief) The information relating to the Target Entity has been obtained
from its website and Annual Report for FY 25-26 and BSE
website.
Works:Unit-l : P.O. Kalyaneshwari - 713 369. Dlst. Paschim Bardhaman (West Bengal)
U nit - lll : Plot No.42 & 43, APSEZ, PO. Atchutapuram Dist. Visakhapatnam - 531 011 (Andhra Pradesh)
Unit - lV : APIIC Growth Centre, Bobbili, Vizianagararn - 535 558 (Andhra Pradesh)