Maithan Alloys Limited — Others, 01-07-2025: Others

Maithan Alloys has announced a board meeting on a date to approve the financial results for the quarter and half-year. Meanwhile, the company acquired 2.6 lakh shares (0.004% stake) of GAIL (India) Ltd. through the stock exchange at a cost of Rs 4.96 Crore. GAIL is India’s largest state-owned natural gas company, with a diversified portfolio including natural gas transmission, LPG production, and petrochemicals. This acquisition is a financial investment with no intent to gain management control, aiming to benefit from GAIL’s established market presence in India and overseas.