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maithan alloys Itd ISO $01 :2Ol5COIP liY Registered Ofiice : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata - 7OO 017 T (033) 4063 2393 ',ffiffil:;:ii3lti:il CIN : 1271 01W81 985P1C039503 136 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 70023975 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 Regulations and SEBI Master Circular No. HO / 49 / 1,4/ 1,4(7)2025-CFD-POD2/I/ 3762/ 2026 as updated on 30t Jaruary,2O26 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 limit as prescribed under Regulation 30 of SEBI (LODR), 2015. The event has occurred on 12th October,2026 at 3:30 P.M. and Company became aware of detailed particulars w.r.t. acquisition of shares on 13h Octobet,2026 at 10:03 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 Street, Fort, Mumbai- 400 001 ftrip Code: 590078 Workr : gn;1 . 1.. : PO..Kalyaneshwari - 7.13 369. Dist. paschim Bardhaman (West Bengal) Unit - ttt : Ptot No. 42 & 43, ApsEz, p.o. Atchutapuram, Dist. visathipatnam -iit 011 (Andhra pradesh) Unit - lV : APIIC Growth Cenlre, Bobblli, Vizianagaram -535 S58 (Andhra pradesh) maithan alloys ltd ISO 9001 :2015COUP NY Registered Office: ldeal Centre,4th Floor 9, A.J C. Bose Road, Kolkata - 70A 917 T (033) 4063 2393 E offlce@maithanalloys com W www.maithanalloYs.com CIN : L27101WB 1985PLC039503 Name of the target entity HFCL Limited Details in briefsuch as size, tumover etc. AS AT 31.03.2026 Turnovcr 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 goup/ group N" companies have any interest in the entity being acquired? lfyes, Nature of interest and dctails thereof Not Applicable Whether the same is done at "arms length"? Yes l.ft".t.*t,* Industry to which the entity being acquired belongs lblecoIn OUjects and impact of acquisition Th" .hrr"s *"r" a"qrt*d 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 larget entity, if its business is view io reap the long-term/short-term investment benefits' outside the main line of business of the listed Maithan Alloys Limited do not intend to acquire control, enlity) whethcr directly or indirectly, of the management of the Tarsct Enaitv. Brief details of any governmental or regulalory No .^^.^.,"t" fn" tho annrricition '.^,,ire,l lndicative time pcriod for completion of the completed. aco u isit ion ha> been 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 w Ch ric oh r t ehe ) -shares T"t"l Cott "f ""ql:tsrtt", is Rs. 20.14 Crore on 12rh October, are acquired (Total value) (Rs in 2026 Perccntuge of shareholding / control acquired and 005"/*f .h"r"Lldt.g being 765000 shares were acquired on / ^" -,,mhar nf qhqr"c acnrired' l2 r' October, 2026. Brief background about the entity acquired in UpCf Ir a l"uaing technology enterprise with operations in tenns of products/line of business acquired high end Telecom and Defence Equipment, Optical Fiber, Opticd fiber Cables and Passive Connectivity Solutions (through its subsidiary, HTL Limited) and also creating digital networks for telcos, entet?dses and govemments" HFCL also provides Engineering, Procurement and Conslruction Services. Date of incorporation May 1 1, 1987 History of last 3 years turnover Financial Year l" Previous year lumover 2O25-2026: Rs. 4528 Crore 2nd Previous year turnover z)?4-zurr. Fts3795 Crote 3'd Previous year tumover 2023-2024: Rs. 4U 5 Ctore Coun1ry in which the acquired entity has presence India Any other significant information (in brieO 'lhc i"f-.ati", .et"ting to the Target Enlity has been obtained from its website and Amual Report for FY 25-26 and BSE websile Works : gn1- I : P,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 : APIIC Growlh Centre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh)