Maithan Alloys has received an approval for the acquisition of the entire stake (i.e. 100% shareholding) in Ramagiri Renewable Energy (RREL) and for purchase of certain wind mast equipment and the solar irradiation measurement equipment, from IL&FS Energy Development Company (a subsidiary of IL&FS) as per the Resolution framework approved by National Company Law Board/National Company Law Appellate Tribunal. RREL is 100% subsidiary of IL&FS Energy Development Company. The object and effects of acquisition is to increase renewable energy generation.
Maithan Alloys engages in the manufacture and trading of ferro alloys in India and internationally. It also involves in the generation and supply of wind power.
| Company Name | CMP |
|---|---|
| Indian Metal & Ferro | 1360.95 |
| Maithan Alloys | 1010.65 |
| Nava | 586.60 |
| Indsil Hydro Power | 37.68 |
| Shyam CenturyFerrous | 5.45 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: