Maithan Alloys share news, announcements and annual reports
NSE: MAITHANALLBSE: 590078Ferrous MetalsSmall Cap
Maithan Alloys Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed May 2008 on BSE, Jul 2011 on NSE
Last close ₹772.95down ₹22.10 (2.78%)BSE ₹773.30
Share price at the NSE close on 30 Oct 2026. Previous close ₹795.05.
30 Oct: open ₹795.00, high ₹795.00, low ₹768.00
52-week range of traded prices to 30 Oct 2026
₹759.90Low, 26 Oct 2026₹1,210.10High, 18 Jun 2026
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,250 Cr992nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 7.74
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.54
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.20%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 7.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 6.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.06
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 20,99353.3% delivered
Maithan Alloys share news and announcements
775 announcements, routine notices left out, newest first. Page 15 of 16.
Jun 2015
May 2015
28 May · Legal
Exchange had sought clarification from Maithan Alloys Limited with respect to an announcement dated May 26, 2015, that "The Board of Directors of the Company at their meeting held on May 26, 2015, has approved the Scheme of Amalgamation of Anjaney Alloys Limited (100% subsidiary of the Company) with the Company. The Scheme is subject to necessary approval from shareholders, regulatory authorities, bankers/lenders and sanction of Hon'ble Calcutta High Court". The Company has clarified as follows: a) Area of business of the entity: Both transferor and transferee company are primarily engaged in manufacturing, producing, processing, broking, importing, exporting and dealing in all kinds of alloys, ferrous and non-ferrous, metal and non-metal as well as exporters, importers, selling agent, buying agents, distributors, stockiest, traders, suppliers, brokers and dealers in mineral & metals. The Transferee company is also engaged in the business of generating electricity and to transmit, distribute, and supply such electricity. b) Rationale for amalgamation/ merger are as follows: Recognizing the strengths of each other and with the end and intent of aligning the business operations undertaken by the Transferor Company and the Transferee Company, the Transferor Company and the Transferee Company propose by way of this Scheme to merge/amalgamate the Transferor Company into and with the Transferee Company in accordance with the terms specified in the Scheme, which would cause benefits to both the entities, the employees, the shareholders, the creditors of such entities and to the public at large. The proposed amalgamation of the Transferor Company with the Transferee Company in accordance with this Scheme would also enable both companies to realise the substantial benefits of greater synergies between their businesses and would enable them to avail of the financial resources as well as the managerial, technical, distribution and marketing resources of each other in the interest to maximise shareholders value and the proposed amalgamation will also be beneficial to both the companies in the following manner: a) The scheme envisages the proposed amalgamation of AAL into MAL, resulting in consolidation of the business of two companies in one entity and strengthening the position of the merged entity and will provide better and more economic and efficient management, control and running of business of the companies concerned. b) The proposed amalgamation will enable appropriate consolidation of the activities of both the Companies with pooling of managerial, technical and financial resources and more effective utilization of resources of both the companies. The amalgamation will result in formation of a larger and stronger company having greater capacity for conducting its operations more effectively and efficiently. c) The proposed amalgamation will enable exploring economy of scale and reduction in various costs and optimal utilization of resources. d) The proposed amalgamation will result in significant reduction in the multiplicity of legal and regulatory compliances required at present to be carried out by Transferor Company and the Transferee Company. e) Merger will improve the customer perception as the customers will not be required to deal with different legal entities. f) Due to all the reasons stated above, the Amalgamated Company will be able to ensure better turnover and margin and would ultimately contribute substantially to the future business expansion and will be able to exploit the market to the fullest possible extent.26 May · Legal
Exchange has sought clarification from Maithan Alloys Limited with respect to an announcement dated May 26, 2015, that The Board of Directors of the Company at their meeting held on May 26, 2015, has approved the Scheme of Amalgamation of Anjaney Alloys Limited (100% subsidiary of the Company) with the Company. The Scheme is subject to necessary approval from shareholders, regulatory authorities, bankers/lenders and sanction of Hon'ble Calcutta High Court . On basis of above the Company is required to clarify followings: a) Area of business of the entity (ies); b) Rationale for amalgamation/ merger; The Response from the Company is awaited.
Apr 2015
Feb 2015
5 Feb · Legal
Exchange had sought clarification from Maithan Alloys Limited with respect to an announcement dated February 03, 2015, that the Board of Directors of the Company at its Meeting held on February 03, 2015 has considered a proposal for Amalgamation of Anjaney Alloys Ltd. (100% subsidiary) with the Company with effect from April 1, 2015. The Company has clarified as follows: a) Whether the transaction would fall within related party transactions? If yes, whether the same is done at arm's length; Company Response: A) The Ministry of Corporate Affairs, vide its General Circular No. 30/2014 dated 17.07.2014 has clarified that transactions arising out of Compromise, Arrangement and Amalgamations dealt with under specific provisions of the Companies Act, 1956/ Companies Act, 2013 will not attract the requirements of Section 188 of the Companies Act, 2013. B) In terms of Clause 49(VII)(A) of the Listing Agreement, the amalgamation transaction may fall within the ambit of Related Party Transaction . However, in case of the transaction between holding company and its wholly owned subsidiary (i.e. 100% subsidiary company), SEBI vide its circular no. CIR/CFD/POLICY CELL/7/2014, dated: September 15, 2014 has exempted the applicability Clause 49(VII)(D) and (E) regarding prior approval of Audit Committee and Shareholders approval and/or abstaining related parties from voting on such resolutions. The question of arms length is insignificant since the proposed amalgamation transactions is between holding company and its wholly owned subsidiary and the benefit will accrue to both the companies. b) Area of business of the Anjaney Alloys Ltd; Company Response: The area of business of Anjaney Alloys Limited is to manufacture ferro manganese, silico manganese, ferro-silico manganese etc. usually referred as Ferro Alloys (an input to steel making).4 Feb · Legal
Exchange has sought clarification from Maithan Alloys Limited with respect to an announcement dated February 03, 2015, that the Board of Directors of the Company at its Meeting held on February 03, 2015 has considered a proposal for Amalgamation of Anjaney Alloys Ltd. (100% subsidiary) with the Company with effect from April 1, 2015. On basis of above the Company is required to clarify following: a) Whether the transaction would fall within related party transactions? If yes, whether the same is done at arm s length; b) Area of business of the Anjaney Alloys Ltd; The Response fro the Company is awaited.
Jan 2015
19 Jan · Board meeting
To consider and take on record the Un-audited Financial Results of the Company for the quarter and nine months ended on December 31, 2014.
Dec 2014
Nov 2014
Oct 2014
20 Oct · Board meeting
To consider and take on record the Un-audited Financial Results of the Company for the quarter and half-year ended on September 30, 2014.
Sep 2014
10 Sep · Meeting
Aug 2014
19 Aug · Updates
E-voting rights of the member/beneficial owners shall be reckoned in proportion to the equity shares held by them in the Company as on August 23, 2014 being cut off date fixed for this purpose.19 Aug · Meeting
Company has fixed Book Closure from September 18, 2014 to September 22, 2014 for the purpose of Annual General Meeting scheduled to be held on September 22, 2014 and Dividend12 Aug · Results
4 Aug · Board meeting
To consider and take on record the Un-audited Financial Results of the Company for the quarter ended June 30, 2014
May 2014
27 May · Dividend
Board of Directors at its meeting held on May 27, 2014 has recommended a dividend of Rs 2/- per equity share of Rs 10/- each (i.e. @ 20% of the paid up capital) for the year 2013-2014.27 May · Dividend
Dividend, if approved by the shareholders shall be paid/dispatched by the company on or before October 07, 2014.9 May · Board meeting
Inter-alia, to consider the following business : (1) To approve and take on record the Audited Financial Results of the Company for the quarter ended March 31, 2014; (2) To consider and approve Audited Consolidated Financial Results of the Company for the Year ended March 31, 2014; (3) To recommend payment of dividend for the year 2013-2014, if any. Further, trading window will be closed from May 19, 2014 to May 28, 2014(both days inclusive) as per Code of Conduct adopted by the Company under the SEBI (Prohibition of Insider Trading) Regulations, 1992.
Feb 2014
Jan 2014
22 Jan · Board meeting
To consider and take on record the Un-audited Financial Results of the Company for the quarter and nine months ended on December 31, 2013.
Nov 2013
11 Nov · Results
Oct 2013
21 Oct · Board meeting
To consider and take on record the Un-audited Financial Results of the Company for the quarter and half year ended on September 30, 2013.
Aug 2013
12 Aug · Results
Jul 2013
27 Jul · Board meeting
To consider and take on Record the Un-audited Financial Results of the Company for the quarter ended June 30, 2013.1 Jul · Dividend
Board of Directors at its meeting held on May 24, 2013 has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20% of the paid up capital) for the year 2012-2013. Since, the Annual General Meeting will be held on July 26, 2013 the dividend, if approved by the shareholders shall now be paid/dispatched by the Company on or before August 24, 2013 in lieu of on or before September 30, 2013 as informed earlier.
Jun 2013
27 Jun · Meeting
Company has fixed Book Closure from July 20, 2013 to July 26, 2013 for the purpose of (1) Annual General Meeting to be held on July 26, 2013; and (2) Payment of Dividend @ Rs.2.00 per share, subject to approval of shareholders at the ensuing Annual General Meeting.
May 2013
24 May · Dividend
Board of Directors at its meeting held on May 24, 2013 has recommended a dividend of Rs 2/- per equity share of Rs 10/- each (i.e. @ 20% of the paid up capital) for the year 2012-2013.24 May · Dividend
Dividend, if approved by the shareholders shall be paid/dispatched by the company on or before September 30, 2013.2 May · Board meeting
Inter alia, to consider the following business: (1). To approve and take on record the Audited Financial Results of the Company for the quarter and year ended on March 31, 2013. (2). To consider and approve Audited Consolidated Financial Results of the Company for the year ended March 31, 2013.(3). To recommend payment of dividend for the year 2012-2013, if any.
Mar 2013
19 Mar · Management
Shri Aditya Agarwalla has tendered resignation from the office of Whole Time Director of the company and accordingly ceased to be Whole Time Director of the company with effect from March 15, 2013.
Feb 2013
13 Feb · Updates
Company has acquired 1,53,75,000 equity shares of Rs.10 each of Anjaney Alloys Limited (a subsidiary company) for a sum of Rs.25.40 Crores, pursuant to the authority granted by the shareholders earlier. This has resulted into conversion of 'subsidiary company' to a 'wholly owned subsidiary' of the Company.