Maithan Alloys Limited — Others, 27-06-2025: Others

Maithan Alloys has announced a board meeting to discuss the financial results for the quarter and half-year. The company acquired 0.01% stake (678,750 shares) in GAIL (India) Limited through the stock exchange for Rs 12.66 Cr as part of its investment portfolio. GAIL is India’s largest state-owned natural gas processing and distribution company with diversified interests across natural gas, LPG, petrochemicals, and oil and gas sectors, operating domestically and internationally. The acquisition is purely investment-driven with no intention to influence GAIL’s management.