Maithan Alloys Limited — Others, 14-06-2025: Others

Maithan Alloys Limited has announced a board meeting to discuss acquiring 0.005% equity (332,500 shares) in GAIL (India) Ltd. for Rs 6.24 Cr via the stock exchange. GAIL is India’s largest state-owned natural gas company with a broad presence across gas sourcing, transmission, LPG production, and petrochemicals. This investment aligns with Maithan Alloys’ strategy to diversify its portfolio and aims to generate both long-term and short-term returns without pursuing management control.