BSECompany Update5d ago · 23 Oct 2026, 05:17 pm

Acquisition of Equity Shares through Stock Exchange.

Maithan Alloys Ltd · 590078

✦ AI SummaryFundraise

Maithan Alloys Ltd has acquired 21,166 shares of Sterlite Technologies Limited through the stock exchange, with a total cost of Rs. 17.24 Crore, representing 0.04% of the shareholding.

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 l20lSCO'|PANY Registered Office : ldeal Cenke, 4th Floor 9, A.J.c. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E offlce@maithanalloys.com W www.maithanalloys.com CIN : 127101W81 985P1C039s03 '23,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 100239-15 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 (LODR), 2015] read with Schedule III of the said Regulations and SEBI Master Circular No. HO / 49 / 1,4 /1,4(n2025-CFD-POD2 /I/ 3762/2026 as updated on 304 january,2026 in respect of acquisition of equrty shares of a listed entity [Sterlite Technologies Limitedl tfuough Stock Exchange. The disclosure has been submitted consequent upon triggering of threshold limit as prescribed under Regulation 30 of SEBI (LODR), 2015. The event has occurred on 22"a October, 2026 at 3:30 P.M. and Company became aware of detailed particulars w.r.t. acquisition of shares on 23.a October,2026 at9:52 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 Dala1 Street, Forf Mumbai- 400 001 Scrip Code: 590078 Works:961-1 :P.0. Kalyaneshwari -713369. Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 01 1 (Andhra pradesh) Unit - lV :APllC Grolvth Centre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) maithan alloys ltd ISO 9001 | 20'15 COMPANY Registered Office: ldeal Centre,4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (0s3) 4063 2393 E ofllce@maithanalloys.com W www. maithanalloYs.com CIN : 127101W81985P1C039503 Name of the target entity Sterl ite Technologies Limited Details in brief such as size, tumover etc. AS AT 31.03.2026 Tumover Rs. 2446 Crore PAT Rs. 2 Crore Netwofih Rs. t526 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? Ilyes. Nanue olinterest and details thereof Not Applicable Whether the same is done at "arrns length"? Yes Industry to which the entity being acquired belongs Telecom - Equipment & Accessories Objects and impact of acquisition The shares were acquired through the stock exchange and form (including but not limited to, disclosure ofreasons 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 enrity) Maithan Alloys Limited do not intend to acquire control, whether directly or indirectly, of the management of the Tareet Entitv. Brief details of any govemmental or regulatory No aoorovals reouired for the acouisition Indicative time period for completion of the The event occurred on 22nd 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. 17.24 Crore on 22nd October, are acquired (Total value) (Rs in Crore) 2026 Percentage ofshareholding / control acquired and 0.04% of shareholding being 21 1661 shares were acquired on / or number ofshares acquiredl 22'd 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 aad technology solutions. The Company including its wholly owned subsidiaries conducts integrated manufacturing opemtions through 9 manufacturing lacilities 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) ootical connectivitv oroducts. Date of incomoration March 24. 2000 History of last 3 years turnover finrncirl Year 1"1 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 brief.l The information relating to the Target Entity has been obtained ftom its website and Annual Report for FY 25-26 and BSE website Works:gn1-1 :P,O, Kalyaneshwari -713369. Dist. Paschim Eardhaman (West Bengal) Unit-lll :PlotNo.42 &43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam -531 01 1 (Andhra Pradesh) Unit - lV : APllC Growth Centre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh)