Maithan Alloys Limited — Others, 25-07-2025: Others

Maithan Alloys has incorporated a new wholly-owned subsidiary named Maithan Nutrition Private Limited. This strategic move aims to explore opportunities in the agricultural, including food processing, and real estate sectors, diversifying the company's business activities. Maithan Alloys has acquired 100% shareholding for an investment of Rs 0.15 Crore. The new subsidiary is yet to commence business operations. This step signifies the company's intent to broaden its operational scope and tap into new growth areas beyond its existing businesses, potentially enhancing long-term value for shareholders.