BSECompany Update5d ago · 23 Oct 2026, 05:17 pm
Acquisition of Equity Shares through Stock Exchange.
Maithan Alloys Ltd · 590078
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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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Full Announcement
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)