BSECompany Update17 Oct 2026 · 17 Oct 2026, 12:50 pm

Acquisition of Equity Shares through Stock Exchange.

Maithan Alloys Ltd · 590078

✦ AI SummaryFundraise

Maithan Alloys Ltd has acquired 0.04% of Sterlite Technologies Limited's shares through the stock exchange, with a total cost of Rs. 19.97 Crore. The acquisition is not intended to acquire control of the target entity's management.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Maithan Alloys Ltd - 590078 - Announcement under Regulation 30 (LODR)-Acquisition

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maithan alloys ISO 900, :2015 COTPANY Regislered Ofiice : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata - 700 0'17 T (033) 4063 2393 E ofiice@maiihanalloys.com *, # #[Bi5E3?.'i"Jir","# "176 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), 20151 read with Schedule III of the said Regulations and SEBI Master Circular No. HO / 49 / -14/ 1,4(7)2025-CFD-POD2 /I/ 3762/ 2026 as updated on 30ft laruary,2026 in respect of acquisition of equity shares of a listed entity [Sterlite Technologies Limited] tfuough Stock Exchange. The disclosure has been submitted consequent upon tdggering of threshold limit as prescribed under Regulation 30 of SEBI (LODR), 2015. The event has occurred on 16ft October,2026 at 3:30 P.M. and Company became aware of detailed particulars w.r.t. acquisition of shares on 17tt' October,2026 at77:02 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, For! Mumbai- 400 001 Scrip Code: 590078 Works:961-1 :P.O. Kalyaneshwari .713 369, Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 53'l 011 (Andhra Pradesh) Unit - lV :APllC Growth Centre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) maithan alloys ltd ISO 9{01 : 2015 COUPANY Registered Office: ldeal Centre,4th Floor 9 A.J C Bose Road Kolkata - 740 017 T (033) 4063 2393 E offlce@maithanalloYs com W www. maithanalloYs con,' CIN : L27101W81985P1C039503 Name of the target entity Sterlite Technologies Limited Details in briefsuch as size, tumover etc. AS AT 31.03,2026 Turnover Rs. 2446 Crore PAT Rs. 2 Crore Networth Rs- 1 526 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 entiW beine acquired? Ifyes, Nah.re of interest and details thereof Not Applicable Whether the same is done at "arms length"? Yes Industry to which the entity being acquired belongs Telecom Equipment & Accessones Objects and impact of acquisition The shares were acquired through the stock exchange and (including but not limited to, disclosure of reasons form part olthe 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 ofbusiness ofthe 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 aoorovals reouired lor the acquisition Indicative time period for completion of the The event occurred on 16ft 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. 19.97 Crore on 16th October, are acquired (Total value) (Rs in Crore) 2026. Percentage of shareholding / control acquired and / 0.04% ofshareholding being 228000 shares were acquired on or number of shares acquired; 161h october, 2026. Briefbackground about the entity acquired in terms The Company's operations primarily relate to manufacturing of products/line of business acquired and supply of telecom products and providing digital and technology solutions. The Company including its wholly owned subsidiaries conducts integrated manufacturing opemtions through 9 manufachxing facilities which are located in India, Italy, the United States of America and China to produce (a) optical fibres (b) optical fibre cables and specialty cables and (c) optical connectivity products. Date ofincorporation March 24,2000 History oflast 3 years turnover Financial Year I't Previous year tumover 2025-2026: Rs. 2446 Crore 2'd Previous year hlmover 2024-2025: Rs. 221 5 Crore 3'd Previous year tumover 2023-2024: Rs. 3952 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 ftom its website, Amual Report for FY 25-26 and BSE website. |Yorks : 961 - 1 : P,O. Kalyaneshwari - 713 369. Dist. Paschlm Bardhaman (West Be8gal) Unit-lll : Plot No. 42 & 43, APS EZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 0'1 1 (Andhra Pradesh ) Unit - lV : APIIC Growth Cenlre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh)