Maithan Alloys acquires 0.29% stake in Sterlite Technologies for Rs 91.24 Cr

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

MAITHANALL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.8%Reaction day

₹960.55

prior close

₹967.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.5% vs market

Ferro & Silica Manganese peers, median of 6sector+2.1%-1.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 1.4 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

+0.1

10m

+0.1

15m

-0.0

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+1.3-0.5+2.1-1.4

Next day

+0.9+1.6-0.8+2.2-1.4

+1.1+1.7-0.5+0.6+0.6

+1.8+1.6+0.1-0.9+2.7

+4.5+1.5+3.0-2.5+6.9

+3.4+1.8+1.5-2.2+5.6

+1.0+2.1-1.1-2.6+3.6

15d

+4.6+3.2+1.4-2.6+7.3

+14.8+3.7+11.1-2.7+17.5

-5.8+1.1-7.0-3.8-2.0

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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 bought 14,83,256 shares (0.29%) of Sterlite Technologies through stock exchange on 4 Aug 2026 for Rs 91.24 Cr in cash. The stake is treated as a passive investment with no intent to acquire control. Sterlite makes telecom products with FY26 turnover of Rs 2,446 Cr. Deal is at arms length and not a related party transaction.

Likely market impact

Minor investment diversifies portfolio beyond core alloys business but signals no control intent. Negligible impact on financials.