Outcome of Board Meeting

alloys ltd ISO 9001 : 20m COMPAT{Y Registered Office : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 ""*"ljii3'"3i,nT; ,.#ffi[iliEli'3Ji,?# 136 August, 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 10023915 Scrip code: Scrip code: MAITHANALL Sub: Outcome of the meeting of the Board of Directols- Results Dear Sir, We hereby inJorm that the Board of Directors of the Company at its meeting held today i.e. 13th August, 2026, inter-alia, have considered and approved the Standalone Un-Audited Financial Results and Consolidated Un-Audited Financial Results for the quarter ended on 3g*, June,2O26. The Statutory Auditors, Singhi & Co., Chartered Accountants, have carried out the Limited Review of the aforesaid Standalone and Consolidated Financial Results. We are enclosing a coPy of the Standalone Un-Audited Financial Results and Consolidated Un-Audited Financial Results for the quarter ended o1 3[tt June, 2026 as considered and approved by the Board of Directors along with the Limited Review Reports of the Statutory Auditors thereon, for your records. The Board Meeting commenced at 12:30 P.M. and concluded at 4:25 P.M. This information is provided pulsuant to Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and appropriate dissemination. Thanking you, Yours faithfully, For Maithan dloys Limited Rajesh K. Shah Company Secretary Encl: a/a The Corporate Relationship Department BSE Limited Rotunda Building, P.J. Towers Dalal Stree! Forf Mumbai- 400 001 Scrip Code: 590078 Works : Unit - I : P.O. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unit - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) et 161, Sarat Bose Fload Singfri Co, Kolkata-7OO O26, (lndia) r +9r (o)3'l-2419 6000/0l/02 E kolkata@singhico.com Chartered Accountants wwwsinghico.com lndependent Auditor's Review Report on the Unaudited Standalone Financial Results of Maithan Allovs Limited for the quarter ended June 30. 2026 pursuant to the Requlation 33 of the SEBI (Listino Obliqations and Disclosure Requirements) Requlations. 2015 (as amended) The Board of Directors Maithan Alloys Limited We have reviewed the accompanying statement of unaudited standalone financial results of Maithan Alloys Limited ('the Company') for the quarter ended June 30, 2026 together with notes thereon (hereinafter referred to as 'the Statement'), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations,2015 as amended ('the Listing Regulation'). This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors in their meeting held on August 13, 2026, has been prepared in accordance with the recognition and measurement principles laid down in the lndian Accounting Standard 34 "lnterim Financial Reporting" ("lnd AS 34"), prescribed under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in lndia. Our responsibility is to issue a report on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410 "Review of lnterim Financial lnformation Performed by the Independent Auditor of the Entity," issued by the lnstitute of Chartered Accountants of lndia. A review of interim finarrcial information consists of making inquiries, primarily of the Company's personnel responsible for financiai and accounting malters, and applying analytical and other review procedures. A review is substantially less irr scope than an audit conducted irr accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as stated in the paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principle laid down in the applicable lndian Accounting Standards ('lnd AS') as prescribed under Section 133 of the Companies Act, 2013, as amended read with relevant rules issued there under and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of the Listing Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. We draw attention to Note 4 to the Statement regarding revision of the unaudited standalone financial results for the qua(er ended June 30, 2025, and audited standalone financial results for the quarter and year ended March 31, 2026, by the Company's management consequent to the approval of Composite Scheme of Arrangement between the Company and lmpex Metal & Ferro Alloys Limited , wholly owned subsidiary of the Company by the National Company Law Tribunal (NCLT), Kolkata Bench vide its certified order dated June 8, 2026, with appointed date of March 31, 2024 , and certified copy of the order sanctioning the Scheme filed by the Company with Registrar of the Companies, West Bengal, on June 30, 2026 Our conclusion on the Statement is not modified in respect of the above matter. For Singhi & Co. Chartered Accountants Firm Registration No.302049E fh,.rr,t*1d"! Shrenik Mehta Partner Membership No. 063769 UDIN: 26063769TYGTMK9247 Place: Kolkata Dated: Augusl'13,2026 officesr Kolkata, Delhi NCR, Mumbai, chennai, Bengaluru, Pune & Raipur maitharr alloys ltd CIN : L27l0lWB 1985PLC039503 Regd. Office: 'Ideal Centre', 4th Floor, 9, AJC Bose Road, Kolkata _ 700 Ol7 e-mail:office@maithanalloys.com, ph: 033-4063-2393 website: www.maithanalloys.com Statement of Unaudited Standalone Financial Results for the Quarter ended June 30,2026 ln Crore Particulars Quarter Ended Year Ended go-Jun-26 3r-Mar-e6 Bo-Jun-ss gr-Mar-26 Audited Unaudited Audited Unaudited (ReferNote4&7) (Refer Note 4) (Refer Note 4) NCOME levenue from Operations 570.56 559.03 654.57 2,188.90 )ther lncome 431.97 (162.55) 560.01 442.95 lotal lncome 1,002.53 396.48 1,314.59 2,631.85 EXPENSES Cost of Material Consumed 232.79 232.69 275.66 870.33 Purchases of Stock ln Trade 183.96 109.77 L45.66 492.54 Changes in lnventories of finished goods, stock in trade and work in progress (112.04) (47.50) 54.42 (ee.52) Employee Benefits Expense 16.19 21.26 70.23 90.56 Power Cost 119.23 96.02 721.98 447.49 Finance Cost 4.44 13.31 t2.to 40.92 Depreciation and Amortization Expense 4.51 4.45 4.72 18.45 Other Expenses 61.82 61.5'l 57.12 206.85 Total Expenses 510.90 491.51 621.89 2,067.62 Profit / (Loss) before Exceptional item & tax 491.63 (95.031 692.69 564.23 Less: Exceptional items )rofit/ (Loss) Before Tax 491.63 (e5.03) 692.69 564.23 Tax Expense (a) Current Tax 31.46 46.18 15.40 184.30 (b) Deferred Tax 65.91 (66.56) 't37.38 (54.82) (c) Tax for Earlier Year (0.00) (0.02) Iotal Tax Expenses 97.37 (20.381 152.78 129.46 Profit / (Loss) for the period 394.26 (74.65t 539.91 434.77 Other Gomprehensive lncome A (i) ltems that will not be reclassified to profit or loss: Re-measurements of the net defined benefit plans 0.05 (0o2) o.a7 0.19 Equity lnstruments through other comprehensive income (ii) lncome tax relating to above items (0.0'l 0.0'l (0.021 (0.05 Other Comprehensive lncome for the period (net of tax) 0.04 [Showing first 8,000 characters — download PDF for full document]