Others

maithan alloys ltd ISO 9001 : 2015 COIPANY Registered Office : ldeal Centre, 4th Floor I, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E ofiice@maithanalloys.com W www.maithanalloys.com CIN : 127101W81985P1C039503 10s 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 [SEBI (LODR), 2015] read with Schedule III of the said Regulations and SEBI Master Circular No. HO / 49 /14/14(7)2025-CFD-POD2/I/3762/ 2026 as updated on 30& January,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 threshold limit as prescribed under Regulation 30 of SEBI (LODR), 2015. The event has occurred on 9e October, 2026 at 3:30 P.M. and Company became aware of detailed particulars w.r.t. acquisition of shares on 10e October, 2026 at 11:55 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 Sheet, Fort, Mumbai- 400 001 Scrip Code: 590078 Works:gn1-1 :P.0. Kalyaneshwari - 713369. 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 3o0l : 2015 COLPANY Registered Office : ldeal Centre, 4th Floor 9 A.J C. Bose Road. Kolkata -70O017 T (033) 4063 2393 E offce@maithanalloys com W www maith a n a Iloys. com CIN : L27101W81 985PIC039503 Name of the target entity HFCL Limited Details in brief such as size, tumover 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 promoter/ promoter group/ group No companies have any interest in the entity being acquired? Ifyes, Nature of interest and details thereof Not Applicable Whelher the same is done at "arms length"? Yes lndustry 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 folm 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 benehts. 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 Tarset Entitv. Brief details of any governmental or regulatory No approrals required lbr the acquisition Indicative time period for completion of the The event occurrcd on gth October, 2026 and the acquisition acquisition has been completed. Nature of consideration- whether cash consideration Cash Consideration or share swap or any other form and details of the same Cost ofacquisition or the price at which the shares Total Cost of acquisition is Rs. 40.61 Crore on 9th October, are acquired (Total value) (Rs in Crore) 2026 Pcrcentage ofshareholding / control acquired and 0.10% of shareholding being 1584000 shares were acquired / or number ofshares acquired; on 9'h October. 2026. Brief background about the entity acquired HFCL is a leading technology enterprise with operations in tems of products/line of business acquired high end Telecom and Defence Equipment, Optical Fiber, Optical Fiber Cables and Passiye Connectivity Solutions (through its subsidiary, HTL Limited) and also creating digital networks for telcos, enterprises and govemments. HFCL also provides Engineering, Procurement and Construction Services. Date of incorporation Mav ll, 1987 History of last 3 years turnover Financial Year lst Previous vear turnover 2025-2026: Rs. 4528 Crorc 2''d 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) Thc 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. Paschim Bardhaman (West Bengal) Unit - Ill : Plot N0.42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unit - lV : APllC Growth Cenke, Bobblli, Vizianagaram -535 558 (Andhra Pradesh)