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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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)