Maithan Alloys Limited — Others, 14-02-2025: Others

Maithan Alloys Limited has announced a board meeting regarding its acquisition of 592,000 equity shares in Power Finance Corporation Ltd., amounting to a total cost of ₹22.89 Crore. This acquisition represents a 0.018% shareholding and was completed on February 13, 2025. Power Finance Corporation, classified as a Maharatna company, plays a vital role in financing infrastructure and energy projects in India, holding a significant market share. This investment reflects Maithan's strategic intent to bolster its portfolio in a sector essential for national development, potentially offering a positive outlook for investors seeking growth opportunities in infrastructure finance.