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maithan alloys ltd lso 9001 : 2015 cOlilPAtlY Registered Office : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata ' 700 017 T (033) 4063 2393 E ofiice@maithanalloYs.com W www.maithanalloYs.com CIN : 127101W81 985P1C039503 7u October, 2026 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: "100'239-15 Scrip code: MAITHANALL Sub: Acquisition Dear Sir/ Madam, we enclose herewith the details required under Regulation 30 oI 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 / 1,4/ 1,4(7)2025-CFD-POD2 / I/ 3762/ 2026 as updated on 30tt' an.uary, 2026 in respect of acquisition of equity shares of a listed entity [HFCL Limited] through Stock Exchange. The disclosure has been submitted consequent upon triggering of tfueshold lirnit as prescribed under Regulation 30 of SEBI (LODR), 2015. The event has occurred on 6th October, 2026 at 3:30 P.M. and Company became aware of detailed particulars w.I.t. acquisition of shares on 7t]'October,2026 at-tO:O7 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 Depaltment BSE Limited Rotunda Building, P.l. Towers Dalal Street, For! Mumbai- 400 001 Scrip Code: 590078 Works:Unit-l :P.O. Kalyaneshwari - 713369. Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Oist. Visakhapatnam - 531 01 l (Andhra Pradesh) Unit - lV :APllC Growth Centre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) niaithan alloYs ISO 9001 : 2015 COMPANY Reoistered Ofiice : ldeal Centre, 4th Floor g- n.L.C. go." Road. Kolkata - 700 017 T (033) 4063 2393 E office@maithanalloYs'com W www. maithanalloys com CIN : L27101W81985P1C039503 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 Networth Rs. 4727 Crore Whether the acquisition would fall within Related No Party Transaction(s)? Whether the prcmoter/ promoter group/ group No companies have any interest in the entity being acquired? Ifyes, Natue ofinterest and details thereof Not Applicable Whether the same is done at "arms length"? Yes Industry to whichthe entity being acquired belongs Telecom - Infrastructure Objects and impact 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 intend to acquire control, whether directly or indirectly, of th€ management of the Tarset Entitv. Brief details of any governmental or regulatory No aoorovals reouired for the acouisition Indicative time period for completion ofthe acquisition The event occurred on 66 October,2026 and the acquisition has been comDleted. Natwe 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. 10.44 Crore on 6ft Oclobe\2026 are acquired (Total value) (Rs in Crore) Percentage of shareholding / control acquired and / 0.03% ofshareholding being 397251 shares were acquired on 60 or number of shares acquired: October.2026. Briefbackground about the entity acquired in terms HFCL is a leading technology enterprise with operations 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, HTL Limited) and also creating digital networks for telcos, enterprises and govemments. HFCL also provides Engineerine. Procuement and Construction Services. Date ofincorporation Mav l l. 1987 History of last 3 years turnoY€r Financial Year l'' Previous year turnover 2025-2026: Rs. 4528 Crore 2nd Previous year tumover 2024-2025: Rs. 3795 Crore 3'd Previous year turnover 2023-2024: Rs. 4075 Crore Country in which the acquired entity has presence India Any other significant information (in brief) The information relating to the Target Entity has been obtfied from its website and Annual Report for FY 25-26 and BSE website Works: gn1-1 :P.O. Kalyaneshwari -713369. Dist. Paschim Bardhaman (west Bengal)- -.- .. Unii " ttt , ptot tto. lz & 43, ApSEz, P.O. Atchutapuram, Drst. Visakhapatnam - 53'l 01 1 (And,h,ra Pradesh) Unit - lV Otowth Cenke, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) 'npttC