Maithan Alloys Limited — Others, 17-06-2025: Others

Maithan Alloys has announced a board meeting to consider its financial results for the quarter and half-year. The company acquired 65,000 shares (0.001% stake) of GAIL (India) Ltd. for Rs 1.25 Cr through the stock exchange as a strategic investment without intent to control management. GAIL is India’s largest state-owned natural gas company with diversified operations in gas transmission, petrochemicals, and energy sectors domestically and internationally. This investment adds exposure to the energy sector portfolio and could offer long-term or short-term investment benefits for Maithan Alloys shareholders.