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Maithan Alloys emerges as H1 Bidder in auction of Impex Metal & Ferro Alloys

13 Jun 2019 Evaluate

Maithan Alloys has participated in the auction of Impex Metal & Ferro Alloys (under liquidation) as a going concern. The Liquidator officer has intimated the company that its bid has been ranked as the highest bid and has declared the company as H1 BIDDER.

The necessary approval of National Company Law Tribunal in this regard is awaited.

Maithan Alloys is a holding company. The company is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys, including Ferro Silicon, Ferro Manganese and Silico Manganese, and has a captive power plant.

Peers
Company Name CMP
Nava 541.05
Indian Metal & Ferro 1146.00
Maithan Alloys 871.10
Indsil Hydro Power 36.14
Chrome Silicon 40.00
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