Maithan Alloys acquires 0.18% stake in HFCL for Rs 50.04 Crore

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

-3.3%Reaction day

₹1004.00

prior close

₹983.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-1.8% vs market

Ferro & Silica Manganese peers, median of 6sector-1.2%-2.1% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.1 pts less 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.3-1.4-1.8-1.2-2.1

Next day

-5.4-2.5-2.8-3.2-2.1

+1.6+0.4+1.2-3.0+4.7

+5.7+2.2+3.5-0.2+5.9

+7.4+2.7+4.6+0.4+7.0

+12.5+3.9+8.6-0.4+12.9

+11.0+5.2+5.8-0.7+11.7

15d

+1.5+6.5-5.0-0.7+2.2

+2.9+6.9-4.0-2.2+5.2

-2.6+9.1-11.8+2.2-4.8

+5.1+11.6-6.5-1.2+6.3

UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 6Pending

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

AI summary

Maithan Alloys has acquired 27,53,500 equity shares (0.18% stake) of HFCL Limited, a listed telecom-infrastructure company, through the stock exchange on 9 June 2026 for a total cost of Rs. 50.04 Crore in cash, at arms length. The acquisition is purely investment-driven for long or short-term gains; Maithan does not seek control. HFCL reported turnover of Rs. 4,528 Crore and net worth of Rs. 4,727 Crore as of 31 March 2026.

Likely market impact

Minor passive investment; no control sought. Signals treasury deployment, unlikely to move Maithan Alloys stock materially.