BSECompany Update6d ago · 22 Oct 2026, 06:43 pm
Acquisition of Equity Shares through Stock Exchange.
Maithan Alloys Ltd · 590078
✦ AI SummaryFundraise
Maithan Alloys Ltd has acquired 0.05% of Sterlite Technologies Limited's shares through the stock exchange, with a total cost of Rs. 20.08 Crore. The acquisition is not intended to acquire control of the target entity's management.
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 l(x)! : 2016 COIPANY
Registered Oflice : ldeal Centre, 4th Floor
9, A.J.C. Bose Road, Kolkata - 7OO 017
T (033) 4063 2393
E offlce@maithanalloys com
# Hffi ill!:3i1"Ji'".'#
",*'
22"a Octobet,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: MAITFIANALL
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), 2015] read with Schedule III of the said Regulations and SEBI Master Circular No.
HO / 49 / 14 / 74(\2025-CFD-POD2 /l/3762/ 2026 as updated on 30th J anuary,2025 in respect of
acquisition of equity shares of a listed entity [Sterlite Technologies Limited] through Stock
Exchange.
The disclosure has been submitted consequent upon kiggering of threshold limit as
prescribed under Regulation 30 of SEBI (LODR), 2015.
The event has occurred on 21st October, 2026 at 3:30 P.M. and Company became aware of
detailed particulars w.r.t. acquisition of shares on 22nd October, 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 Sheet. Forf Mumbai- 400 001
Scrip Code: 590078
Works : gn1 - : P.O. Kalyaneshwari - 713 369. Dist. paschim Bardhaman (West Bengat)
Unit - lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra pradesh)
Unit - lV : APIIC Growlh Centre, Bobbili, Vizianagaram .535 558 (Andhra pradesh)
maithan alloys ltd
ISO 9001 i 2015 COMPANY
Registered Office: ldeal Centre,4th Floor
9 A.J C Bose Road, Kolkata - 700 017
T (C33) 4063 2393
E ofllce@maithanalloYs com
W www mailhanalloys com
CIN : 127101Wts 1985PlC039503
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 the promoter/ promoter group/ group No
companies have any interest in the entity being
acquired?
If yes, Natue of interest and details thereof Not Applicable
Whether the same is done at "arms length"? Yes
hdustry to which the entity being acquired belongs Telecom - Equipment & Accessones
Objects and impact of
acquisition The shares were acquired through the stock exchange and form
(including but not limited to, disclosure of reasons part of the investment 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
entity) Maithan Alloys Limited do not intend to acquire control,
whether directly or indirectly, of the management of the
Tareet Dntitv.
Brief details of any govemmental or regulatory No
approvals required for the acquisition
lndicative time period for completion of the The event occurred on 21't October, 2026 and lhe acquisition
acquisition has been completed.
Nahre of considerafion- whether cash consideration Cash Consideration
or share swap or any other form and details of the
same
Cost of acquisition or the price at which the shares Total Cost of acquisition is Rs. 20.08 Crore on 21"1 October,
are acquired (Total value) (Rs in Crore) 2026
Percentage of shareholding / control acquired and / 0.05% of shareholding being 234000 shares were acquired on
or number ofshares acquired; 2l't October. 2026.
Briefbackground about the entity acquired in terms The Company's operations primarily relate to marufacturing
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 of America and China
to produce (a) optical fibres (b) optical fibre cables and
specialty cables and (c) optical comectivity products.
Date of incorporation March 24,2000
History oflast 3 years turnoyer Financial Year
I sr Previous year tumover 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 brie| The information relating to the Target Entif has been obtained
from its websitre and AnnualReport for FY 25-26 and BSE website
Works : gn;1- : P.0. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (Wesl Bengal)
Unit-lll :Plot No.42&43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 01I (Andhra Pradesh)
Unit - lV : APIIC Growth Cenke, Bobbili, V zianagaram -535 558 (Andhra Pradesh)