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 ₹2,465 crore.
What happened
Maithan Alloys (MAITHANALL) filed a disclosure with the exchanges on 12 November 2026 at 03:02 PM titled "Acquisition of Equity Shares through Stock Exchange".
Company snapshot
Maithan Alloys is a small-cap company, with a market value of about ₹2,465 crore.
The stock last traded at ₹846.9, against a 52-week range of ₹759.9–₹1,210.1 (30.0% below the high).
Before this filing the shares had moved −3.7% over the month and −15.8% over three months. Average daily turnover over the last 20 sessions was about ₹2.77 crore.
Promoters held 74.96% at the end of Q2 FY27. Foreign institutions owned 0.70% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| 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 |
| Q2 FY27 | 557 | 81.1 | 27.85 |
What history shows
This is not the company's first m&a disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.5% on average the next trading day and was down 4.4% on average after five days (12 filings with price data).
Market-wide, 2,441 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 23 Oct 2026 | Acquisition of Equity Shares through Stock Exchange. | −0.4% | −0.2% |
| 22 Oct 2026 | Acquisition of Equity Shares through Stock Exchange. | −6.3% | −5.1% |
| 22 Oct 2026 | Acquisition of Equity Shares through Stock Exchange. | −5.0% | −4.3% |
| 17 Oct 2026 | Acquisition of Equity Shares through Stock Exchange. | −5.8% | −10.9% |
| 14 Oct 2026 | Acquisition of Equity Shares through Stock Exchange. | −1.9% | −9.5% |
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 Sept-Quarter Consol Net Profit 810.6 Million Rupees
- Supreme Court sets aside APTEL review order on DVC Sinking Fund, imposes costs on Maithan Alloys and SAIL
- MAITHANALL Share Price Today - Maithan Alloys on NSE/BSE
- 2026 LiveLaw (SC) 1110 | Damodar Valley Corporation v. Maithan Alloys Limited & Ors.
- Maithan Alloys independent director resigns after completing second term
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.