Maithan Alloys has announced a board meeting to discuss the financial results for the quarter and half-year. The company acquired a 0.002% stake (100,000 shares) in GAIL (India) Ltd. for Rs 1.96 Cr via the stock exchange. This strategic investment in India’s largest state-owned natural gas and petrochemicals firm aims to capture long-term growth potential, with no intent to assume control. The transaction was conducted at arm’s length, involving no promoter group interest.