23-Oct-2026 17:13:35

MAITHANALLAcquisition and merger

MAITHAN ALLOYS : ACQUIRES 0.04% STAKE IN STERLITE TECHNOLOGIES FOR RS 2 CR

• 2,11,661 shares (0.04% shareholding) of Sterlite Technologies acquired through the stock exchange • Total cost of acquisition ₹17.24 Cr, paid in cash; transaction completed on 22nd October 2026 • Maithan does not intend to acquire control, directly or indirectly, of Sterlite's management • Shares acquired as part of investment portfolio to reap long-term/short-term investment benefits; not a related party transaction • Sterlite Technologies FY26 turnover ₹2,446 Cr, PAT ₹2 Cr, net worth ₹1,526 Cr; telecom equipment and optical fibre business Impact: Neutral (Small 0.04% passive financial investment with no control intent; limited earnings impact)

Maithan Alloys Limited

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