Maithan Alloys: Acquisition of Equity Shares through Stock Exchange
Maithan Alloys (MAITHANALL) filed a disclosure titled "Acquisition of Equity Shares through Stock Exchange". The company is valued at about ₹2,636 crore.
What happened
Maithan Alloys (MAITHANALL) filed a disclosure with the exchanges on 7 October 2026 at 04:30 PM titled "Acquisition of Equity Shares through Stock Exchange".
Company snapshot
Maithan Alloys is a small-cap company, with a market value of about ₹2,636 crore.
The stock last traded at ₹905.6, against a 52-week range of ₹831.2–₹1,210.1 (25.2% below the high).
Before this filing the shares had moved −12.8% over the month and −9.8% over three months. Average daily turnover over the last 20 sessions was about ₹13.43 crore.
Promoters held 74.96% at the end of Q1 FY27. Foreign institutions owned 1.06% and domestic institutions 0.02%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 632 | 536.1 | 184.17 |
| Q2 FY26 | 491 | -121 | -41.55 |
| Q3 FY26 | 490 | 88.9 | 30.55 |
| Q4 FY26 | 559 | -70.4 | -24.21 |
| Q1 FY27 | 540 | 393 | 135.01 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 10 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.7% on average the next trading day and was down 1.0% on average after five days (9 filings with price data).
Market-wide, 1,975 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Sept 2026 | Acquisition of Equity Shares through Stock Exchange. | −5.4% | −8.2% |
| 22 Sept 2026 | Acquisition of Equity Shares through Stock Exchange. | −1.8% | −7.0% |
| 22 Sept 2026 | Acquisition of Equity Shares through Stock Exchange. | −1.8% | −7.0% |
| 11 Sept 2026 | Acquisition of Equity Shares through Stock Exchange. | −0.9% | −4.4% |
| 10 Sept 2026 | Acquisition of Equity Shares through Stock Exchange. | −2.9% | −4.6% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Maithan Alloys Acquires 0.17% Stake In HFCL Limited For ₹60.09 Crore
- Maithan Alloys buys $5.2M stake in cloud provider ESDS Software
- Maithan Alloys acquires 0.17% stake in HFCL for ₹60.09 crore
- Maithan Alloys Limited Approves Final Dividend for the Financial Year 2025-2026
- Maithan Alloys (MAITHANALL) Acquires 0.17% Stake in HFCL for Rs 60.09 Crore
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.