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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Full Announcement
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)