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Maithan Alloys to buy 3.25 lakh equity shares in NSE

07 Feb 2024 Evaluate

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.

Maithan Alloys Share Price

1017.40 0.45 (0.04%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Metal & Ferro 1499.50
Maithan Alloys 1017.40
Nava 692.00
Indsil Hydro Power 41.60
Shyam Century 5.51
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