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maithan alloys ltd ISO 900'l :2016 COilPAt{Y Registered Office : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E ofllce@maithanalloys com *, HY,AilE3",'i"J:'","fl 5h October, 2026 Secretary The Listing Department Limited The Calcutta Stock Exchange National Stock Exchange of India Ltd. Range 7, Lyons Exchange P1aza, Bandra-Kurla Complex, Kolkata 700 - 1,00n915 Bandra (E), Mumbai - 400 051 Scrip code: 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 Regr:Iations and SEBI Master Circular No. HO / 49 /"14/"14(7)2025-CFD-POD2/I/ 3762/ 2026 as updated on 30a January,2026 tn respect of acquisition of equity shares of a listed entity [HFCL Limited] through Stock Exchange. The disclosure has been submitted consequent upon higgedng of threshold limit as prescribed under Reguiation 30 of SEBI (LODR), 2015. The event has occurred on 1"t October, 2026 at 3:30 P.M. and Company became aware of detailed particulars w.r.t. acquisition of shares on 5th Octob er,2026 at 1.0:52 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 Departunent BSE Limited Rotunda Building, P.J. Towers Da1a1 Stree! Fort, Mumbai- 400 001 Scrip Code: 590078 Works:Unit-l :P,O. Kalyaneshwari- 713 369, Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 01 1 (Andhra Pradesh) Unit - lV :APllC Growth Cenke, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) maithan alloys ltd ISO 9001 :2015 COMPANY Registered Office : ldeal Centre, 4th Floor 9 A.J.C. Bose Road, Kolkata -7AO017 T (033) 4063 2393 E ofiice@maithanalloYs.com W www. maithanalloYs.com CIN : 127101W81 985PlC039503 Name ofthe target entity HFCL Limited Details in briefsuch as size, turnover etc. AS AT 31.03.2026 Tumover Rs.4528 Crore PAT Rs.253 Crore Netwoilh Rs.4727 Crore Whether the acquisition would fall within Related No Party Transaction(s)? Whether the promoter/ prcmoter goup/ group No companies have any interest in the entity being acquired? Ifyes, Nature ofinterest and details thereof Not Applicable Whether the samc is done at 'arms length"? Yes lndustryto whichthe entity being acqufed belongs Telecom - Infrastuucture Objects and impacl of acquisition The shares were acquired through the stock exchange and form (including but not limited to, disclosure of reasons part 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 Limited do not intcnd to acquire control, whether directly or indirectly, of the management of the Tarset Entitv. Brief details of any govemmental or regulatory No aoorovals reouired for the acquisition Indicative time period for completion ofthe acquisition The event occured on l't October,2026 and the acquisition has been completed. Nature 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 ofacquisition is Rs. 60.09 Crore on 1" October,2026 are acquired (Total value) (Rs in Crore) Percenlage of sharcholding / control acquired and / 0.17% of shareholding being 2527000 shares were acquired on or number of shares acquired; I't October. 2026. Briefbackground about the entity acquired in terms HFCL is a lcading technology enterprise with operalions in high of products/line of business acquired end Telecom and Defence Equipment, Optical Fiber, Optical Fiber Cables and Passive Connectivity Solutions (though its subsidiary, IITL Limited) and also creating digital networks for telcos, enterpdses and govemments. HFCL also provides Engineering. Procurement and Construction Scryices. Date ofincorDoration May I l. 1987 History of last 3 years turnover Financial Year I'r Previous vear turl1over 2025-2026: Rs. 4528 Crore 2"d Prevrous year turnover 2024-2025 : Rs. 3795 Crore J'd Prcvious )ear turnover 2023-2024: Rs. 4075 Crore Counrry in which the acquired entity has presence 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 - : P.O. Kalyaneshwari - 713 369. Dist. Paschlm Bardhaman (West Bengal) Unit-lll ;Plot No.42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 01 1 (Andhra Pradesh) Unit - lV :APllC Growth Cenlre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh)