Maithan Alloys Limited — Others, 10-07-2025: Others

Maithan Alloys has announced a board meeting to discuss its acquisition of 65,000 shares (0.001% stake) in GAIL (India) Ltd. for Rs 1.24 Cr via stock exchange purchase. GAIL is India’s largest state-owned natural gas company with a turnover of Rs 1,37,288 Cr and a diversified portfolio including gas transmission, LPG production, and petrochemicals. This investment is aimed at long- and short-term gains without any intent to control GAIL’s management. The acquisition is complete and involves no related party interest.