Maithan Alloys acquires 0.05 percent stake in Sterlite Technologies for Rs 20 Cr

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

MAITHANALL · price

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹812.00

prior close

₹819.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%+0.7% vs market

Ferro & Silica Manganese peers, median of 7sector-3.5%+1.9% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.9 pts more than its Ferro & Silica Manganese peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.6

10m

-1.7

15m

-1.8

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-2.3+0.7-3.5+1.9

Next day

-5.4-1.9-3.5-4.6-0.8

-2.3-0.2-2.1-0.9-1.4

-2.8pendingpending-1.0-1.7

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15d

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UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Maithan Alloys bought 2,34,000 shares (0.05 percent) of Sterlite Technologies on 21 Oct 2026 for Rs 20.08 Crore in cash through the stock exchange. Sterlite makes telecom equipment and had FY26 turnover of Rs 2,446 Crore. Maithan says it is a long or short term investment with no intention to seek control. Disclosure was filed under SEBI Reg 30 after crossing the threshold limit.

Likely market impact

Small treasury investment, no control sought. Shows cash deployment by Maithan; minimal impact on Sterlite given the tiny stake size.