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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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)