Maithan Alloys has entered into an agreement for purchase of 3.25 lakh equity shares of National Stock Exchange of India (NSE) on February 06, 2024. The shares are proposed to be acquired through secondary market purchase and shall form part of investment of the Maithan Alloys with view to reap the long-term/short-term investment benefits. The Maithan Alloys do not intend to acquire control of the management or of the Target Entity. The cost of acquisition is Rs 105.63 crore.
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 | 1499.50 |
| Maithan Alloys | 1017.40 |
| Nava | 692.00 |
| Indsil Hydro Power | 41.60 |
| Shyam Century | 5.51 |
| View more.. | |
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