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maithan alloys ltd lso gl)01 : 20'15 coilPANY Registeted Office : ldeal Cenke, 4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E oflice@maithanalloYs.com ffifiBil!33'.'5#'"."# 9* October,2026 Secretary The Listing Department Limited The Calcutta Stock Exchange National Stock Exchange of India Ltd. Range 7, Lyons Exchange Plaza, Bandra-Kurla Complex, Kolkata 700 Bandra (E), Mumbai - 400 051 10023915 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 (LODR), 2015] read with Schedule III of the said Regr,rlations and SEBI Master Circular No. HO / 49 / "14/"14(7)2025-CFD-POD2 /1/3762/2026 as updated on 30h anuary,2026 rn respect of acquisition of equity shares of a listed entity [HFCL Limited] through Stock Exchange. The disclosure has been submitted consequent upon higgering of threshold limit as prescribed under Regulation 30 of SEBI (LODR), 2015. The event has occurred on 8m October, 2026 at 3:30 P.M. and Company became aware of detailed particulars w.I.t. acquisition of shares on th October,2026 at1.0.12 A,M. This is for your ir.rformation and records. Tha nking 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 Street, For! Mumbai- 400 001 Scrip Code: 590078 Works:Unit-l :P.0. 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 Centre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) maithan alloys ltd ISO 90Ol : 2016 COMPANY Registered Office: ldeal Centre,4th Floor 9. A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E offlce@maithanalloys.com W www. maithanalloYs.com CIN : 127101W81985P1C039503 Name ofthe target entity HFCL Limited Details in briefsuch as size, tumover etc. AS AT 31.03.2026 Turnover Rs.4528 Crore PAT Rs. 253 Crore Netwofth 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? If yes, Nature of interest and details thereof Not Applicable Whcther the same is done at "ams length"? Yes Industry to which the entity being acquired belongs Telecom - Infrastructure Objects and impact of acquisition The shares were acquired through the stock exchange and (including but not limited to, disclosure ofreasons form part of the investment of Maithan Alloys Limited with a for acquisition of target entity, if its business is view to reap the long-term/short-term investment benefits. outside the main line of business of the listed entity) Maithan Alloys Limited do not intend to acquire control' whether directly or indirectly, of the management of the Tarpet Entitv. Brief details of any governmental or regulatory No aoorovals reouired for the acquisition Indicative time period for completion of the The oc"rrt"d on 8th October, 2026 atd the acquisition "r"nt acquisition has been completed. Nature of consideration- whether cash consideration Cash Consideralion or share swap or any other form and details ol the same Cost ofacquisition or the price at which the shares Total Cost of acquisition is Rs. 29.72 Crore on 8th October, are acquired (Total value) (Rs in Crore) 2026 Percentage of shareholding / control acquired and 0.07% of shareholding being I 125000 shares were acquired / or number of shares acquired; on 8s october. 2026. Brief background about the entity acquired HFCL is a leading technology enterprise with operations in terms olproducts/line of business acquired high end Telecom and Defence Equipment, Optical Fiber, Optical Fiber Cables and Passive Comectivity Solutions (through its subsidiary, HTL Limited) and also creating digital networks for telcos, enterprises and governments. HFCL also provides Engineering, Procurement and Constxction Services. Date of incorporation Mav l l, 1987 History of last 3 years turnover Financial Year I't Previous year tumover 2025-2026: Rs. 4528 Crore 2nd Previous year turnover 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 obtained from its website and Annual Report for FY 25-26 and BSE website Works:Unit-l tP,o. Kalyaneshwari- 713 369. Dist. Paschim Bardhaman (west Bengal) Unit-lll :PlotNo.42 &43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 011(Andhra Pradesh) Unit - lV : APllC Growth Centre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh)