Maithan Alloys Limited — Others, 07-06-2025: Others

Maithan Alloys has announced a board meeting that approved the incorporation of a wholly-owned subsidiary, Maithan Fresh Private Limited, to explore agricultural and real estate ventures. The new company was incorporated with a paid-up capital of Rs 0.15 Crore and has not started operations yet. This diversification signals Maithan Alloys’ intent to expand beyond its core alloy business, potentially opening new growth avenues for shareholders. The subsidiary is fully owned and funded by Maithan Alloys, with no related party issues or pending approvals.