13-Oct-2026 11:45:56
MAITHANALLAcquisition and merger
MAITHAN ALLOYS : ACQUIRES 0.05% STAKE IN HFCL FOR RS 20.14 CR
• Acquired 7,65,000 equity shares (0.05% shareholding) of HFCL Limited through the stock exchange on 12 October, 2026 • Total cost of acquisition at ₹20.14 Cr, settled by cash consideration • Maithan Alloys does not intend to acquire control of the management of HFCL, directly or indirectly • Shares bought as part of Maithan's investment portfolio to reap long-term and short-term investment benefits • HFCL is a telecom and defence equipment maker into optical fiber, cables and passive connectivity, with FY26 turnover of ₹4,528 Cr, PAT ₹253 Cr and net worth of ₹4,727 Cr • Disclosure triggered on crossing the threshold limit under Regulation 30 of SEBI (LODR) Regulations, 2015
Maithan Alloys Limited
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