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 ₹795.05up ₹6.05 (0.77%)BSE ₹797.10
Share price at the NSE close on 29 Oct 2026. Previous close ₹789.00.
29 Oct: open ₹790.00, high ₹800.05, low ₹780.00
52-week range of traded prices to 29 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
- ₹2,315 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
- 7.97
- 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
- 0.56
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.14%
- 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
- 20,28056.6% delivered
Maithan Alloys disputes and clarifications
23 filed, newest first.
Oct 2026
13 Oct · Legal
Sep 2026
3 Sep · Legal
The exchange asked on 2 Sep 2026
Mar 2026
Dec 2025
13 Dec · Legal
Mar 2025
11 Mar · Legal
Feb 2025
6 Feb · Legal
Nov 2024
28 Nov · Legal
Jun 2023
Apr 2023
21 Apr · Legal
Exchange has sought clarification from Maithan Alloys Limited with respect to announcement dated 13-Apr-2023, regarding 'Switching-off of another furnace by Impex Metal & Ferro Alloys Ltd.'. On basis of above the Company is required to clarify following: 1. Expected quantum of loss/damage caused;2. Estimated impact on the production/operations.The response of the Company is awaited.
Apr 2021
12 Apr · Legal
The exchange asked on 9 Apr 2021
Jan 2021
5 Jan · Legal
The exchange asked on 4 Jan 2021
Aug 2020
24 Aug · Legal
The exchange asked on 21 Aug 2020
Jun 2020
22 Jun · Legal
Exchange has sought clarification from Maithan Alloys Limited with respect to announcement dated 20-Jun-2020, regarding appointment of Mr. Vivek KauI (DIN 00345022) as an Independent Director of the Company with effect from 20th June, 2020. On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment).The response of the Company is awaited.
Mar 2019
1 Mar · Legal
The exchange asked on 28 Feb 2019
May 2018
8 May · Legal
Exchange has sought clarification from Maithan Alloys Limited with respect to Non-compliance as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Standalone Reconciliation of Equity not submitted -2. Consolidated Reconciliation of Equity not submitted The response of the Company is awaited.
Sep 2016
27 Sep · Legal
Exchange has sought clarification from Maithan Alloys Limited with respect to announcement dated September 26, 2016, informing that due to heavy rains and flood, there has been severe damage to 132KV power transformer and other electrical equipment installed at our Visakhapatnam plant. The full damage is yet to be ascertained. The said transformer and other electrical equipment are fully insured. The production at the plant could be significantly effected over the next few months.On basis of above the Company is required to clarify following:1. Whether loss/damage covered by insurance or not including amount;The response of the Company is awaited.
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.
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.