BSECompany Update13 Aug 2026 · 13 Aug 2026, 01:02 pm
Acquisition of approx 350 acres of land in Chhattisgarh for Solar Power Plant Project.
Mahamaya Steel Industries Ltd · 513554
✦ AI Summary▲ PositiveExpansion
Mahamaya Steel Industries Ltd has acquired approximately 350 acres of land in Chhattisgarh for a solar power plant project, which is expected to reduce power costs for its steel manufacturing operations.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
Mahamaya Steel Industries Ltd - 513554 - Announcement under Regulation 30 (LODR)-Acquisition
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JSr}] M@HAMAYA sTEEL INDUSTRIES LIMITED
IS 2062:2011
CIN : L27107CT1988PLC004607
ISO 90071:2015
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Ref: MSIL/2026-27/
Date: 13.08.2026
The Manager
The Secretary, Listing Department National Stock Exchange of India Limited
BSE Limited Exchange Plaza, 5% Floor, Plot No. C/1
Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Bandra (E)
Dalal Street, Mumbai — 400 001
Mumbai — 400 001 Maharashtra, India
Maharashtra, India Symbol: MAHASTEEL
Serip Code: 513554
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The details as requised under the aforesaid Circular are enclosed herewith as Annexure-A.
This acquisition is a key step towards the Company’s renewable energy initiative and will reduce power costs
for its steel manufacturing operations. ~
This is for your information and record.
Thanking You,
Yours truly,
For, Mahamaya Steel Industries
Jaswinder Kaur Mission o
Company Secretary & Complia
M.No. FCS 7489 it
Encl: as above
APPROVED SUPPLIER OF : ‘owe aun DGS&D, DMRC, SAIL, RIL, NTPC, SEBs, RDSO, CORE, ONGC, GAIL, EIL
MANUFACTURERS : ; CHANNEL, ANGEL, FLAT, ROUND, CROSSING SLEEPER BAR, BLOOM, BILLET etc
ANNEXURE-A
Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-
1/P/CIR/2023/123 dated 13th July, 2023
Subject: Acquisition of Land for setting up Solar Power Plant
Sr. Particulars Details
Name(s) of the party(ies) with whom the Acquisition from various land owners at District
agreement is entered Janjgir-Champa, Chhattisgarh
2 __| Nature of transaction Acquisition of Land
5 Size of land / AreaApproximately 350 Acres
+ Location of land District Janjgir-Champa, State of Chhattisgarh
5 Value of land / Cost of Acquisition Approximately Rs. 70 Crores
6 Details of industry to which entity belongs | Solar Power Generation
Renewable Energy
ei Purpose of acquisition Setting up of Solar Power Plant for Captive
Consumption in the Company’s Steel Manufacturing
Operations
8 Details of related party transaction Not a Related Party Transaction
9 Details of governmental and _ regulatory | Applicable approvals for setting up Solar Power Plant
approvals will be obtained in due course
10 | Indicative time period for completion Expected to be completed by July, 2027
Any other information The acquisition is in line with the Company’s strategy
to reduce power costs and foray into renewable energy