Maithan Alloys Limited — Others, 08-04-2025: Shareholders meeting

Maithan Alloys Limited has announced the results of its Extra-Ordinary General Meeting (EGM), where two key resolutions have been passed successfully by shareholders. The first resolution, concerning the authority to provide loans, guarantees, or investments exceeding statutory limits, garnered significant support, with over 99% of votes cast in favor. The second resolution, which involved approving related party transactions with Maithan Ferrous Pvt. Ltd., also received strong backing, with approximately 99.98% approval. This positive outcome indicates strong shareholder confidence, suggesting a favorable outlook for the company's strategic initiatives and potential growth opportunities.