Pursuant to provision of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submitting the press release ....
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Awaiting price reaction for this filing.
Maiden Forgings Limited has been officially registered with CEMILAC, Bengaluru, under the Ministry of Defence, making it eligible to supply products for defence and aerospace applications. This adds to its existing supplier registration with the Ordnance Factory Board (OFB) and strengthens its position in India's indigenous defence supply chain. The company manufactures bright steel bars and wires and has been in operation for 35 years with facilities in Ghaziabad (NCR). For FY25, it reported Total Income of ₹213.57 Cr, EBITDA of ₹19.91 Cr, and PAT of ₹6.05 Cr.
Positive for shareholders — this certification unlocks new Business-to-Government (B2G) and defence revenue streams, diversifies the company beyond its existing steel products business, and validates its manufacturing quality for high-value, technology-intensive sectors.