17-Oct-2026 18:26:39

MAITHANALL : INCORPORATES WATER EPC SUBSIDIARY FOR RS 4 CR

• M&M Water Solutions Private Limited incorporated as subsidiary; certificate of incorporation issued October 17, 2026 • Company and its nominees subscribed to 40,00,000 equity shares of ₹10 each, aggregating ₹4 Cr, for 80% shareholding • Subsidiary to undertake EPC for water treatment plants, sewage treatment plants and waste water recycling projects • Entity is newly incorporated, operations yet to commence; turnover and PAT nil, net worth ₹5 Cr • Consideration is cash; not a related party transaction and done at arm's length

Maithan Alloys Limited

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