Maithan Alloys Limited — Others, 28-05-2025: Others

Maithan Alloys has announced a board meeting to discuss the financial results for the quarter and half-year. The company acquired 619,000 shares (0.009% stake) of GAIL (India) Ltd. through the stock exchange for Rs 12.03 Cr. This investment aims to capture long-term and short-term benefits without seeking management control. GAIL is India’s largest state-owned natural gas company with diverse operations in gas transmission, LPG production, petrochemicals, and oil and gas exploration domestically and internationally.