BSECompany Update6d ago · 22 Oct 2026, 12:58 pm
Acquisition of Equity Shares through Stock Exchange.
Maithan Alloys Ltd · 590078
✦ AI Summaryacquisition
Maithan Alloys Ltd has acquired 0.09% of Sterlite Technologies Limited's shares through the stock exchange, with a total cost of Rs. 38.72 Crore. The acquisition is not intended to acquire control of the target entity.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
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 ltd
ISO 9001 :2016 COI*PAi{Y
Registered Ofiice : ldeal Centre, 4th Floor
9, A.J.C. Bose Road, Kolkata - 700 017
T (033) 4063 2393
E ofiice@maithanalloys.com
#Hffi
*, ?ll!33i.'3#,"."#
22"a Ocbbet,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) Regrrlations, 2015
(LODR), 20151 read with Schedule III of the said Regulations and SEBI Master Circular No.
HO / 49 / 74 / U(\2025-CFD-POD2 /l/3762/ 2026 as updated on 30tn January,2026 tnrespect of
acquisition of equity shares of a listed entity [sterlite Technologies Limited] through Stock
Exchange.
The disclosure has been submitted consequent upon triggering of thteshold limit as
prescribed under Regulation 30 of SEBI (LODR), 2015.
The event has occurred on 19m October,2026 at 3:30 P.M. and the reason for delay in
submission of disclosure is due to ongoing holidays (Durga Puja holidays) in the state of west
Bengal till 21"t October,2026.
This is for your information and records.
Thanking you,
Yours faithlullp
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
Scrip Code: 590078
Works:961-1 :P.O. Kalyaneshwari .7'13 369. Dist. paschim Bardhaman (West Bengal)
Unit - Ill : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra pradesh)
Unit - lV : APIIC Growth Centre, Bobbiti, Vizianagaram -535 558 (Andhra pradesh)
maithan alloys
ISO 9001 | 2015 COMPANY
Registered Office : ldeal Cenke, 4th Floor
9, A.J.C. Bose Road, Kolkata - 700 017
T (033) 4063 2393
E oflice@maithanalloYs com
W www. ma ithana lloYS. com
CIN : 127101W81985PlC039503
Name of the target entity Sterlite Technologies Limited
Details in brief such as size, tumover etc. AS AT 31.03.2026
Tumover Rs. 2446 Crore
PAT Rs. 2 Crore
Networth Rs. 1526 Crore
Whether the acquisition would fall within Related No
Party Transaction(s)?
Whether dre promoter/ promoter group/ goup No
companies have any interest in the entiS being
acquircd?
Ifyes, Nature of intercst and details thereof Not Applicable
Whether the same is done at "arms length"? Yes
Industry to which the entity being acquired belongs Telecom - Equipment & Accessortes
Objects and impact of acquisition The shares were acquired through the stock exchange and fom
(including but not limited to, disclosure ofreasons part of the investrnent of Maithan Alloys Limited with a view
for acquisition of target entity, if its business is to 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,
entity)
whether directly or indirectly, of the management of the
Tarset Dntitv.
Brief details of any govemmental or regulatory No
aDDrovals required lor the acquisition
lndicative time period for completion of the The event occurred on 19s October, 2026 and the acquisition
acquisition has been completed.
Natue 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. 38.72 Crore on 196 October,
are acquired (Total value) (Rs in Crore) 2026
Percentage of shareholding / control acquired and 0.09% of shareholding being 439848 shares were acquired on
/ or number ofshares acquiredt 191h october, 2026.
Brief background about the entity acquired in The Company's operations primarily relate to manufacturing
terms 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
operations through 9 manufacturing facilities which are located
in India, Italy, the United States ol America and China to
produce (a) optical fibres (b) optical fibre cables and specialty
cables and (c) optical connectivity products.
Date of incorporation March 24. 2000
Eistory oflast 3 years turnover Financial Year
I't Previous year turnover 2025 -2026 : Rs. 2446 Crore
2nd Previous year tumover 2024-2025: Rs. 2215 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 briet) The information relating to the Target Entif has been obtained
fiom its website and ArmualReport forFY 25-26 and BSEwebsite
Works : 961 - : P.O. Kalyaneshwari - 713 369. Dist. Paschlm Bardhaman (West Bengal)
Unit-lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 0'1 1 (Andhra Pradesh)
Unit - lV :APllC Growth Cenke Bobbili, Vizianagaram -535 558 (Andhra Pradesh)