Maithan Alloys Limited — Board Meeting, 12-03-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting where they granted authority to convene an Extra-Ordinary General Meeting to seek member approval for providing loans, guarantees, and securities exceeding the limit prescribed by the Companies Act, not to exceed ₹5000 Crore. Additionally, they authorized material related party transactions with Maithan Ferous Private Limited, a subsidiary, up to ₹500 Crore for the financial year 2025-26. This meeting concluded at 12:45 PM.