Maithan Alloys buys 0.02% stake in Bank of Baroda for Rs 25 crore
MAITHANALL · price
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On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.9 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.
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Maithan Alloys acquired 8,61,000 equity shares (0.02% stake) in Bank of Baroda on Feb 16, 2026 for Rs 25.04 crore through stock exchange. Treated as a passive investment for long-term or short-term benefits. No control or management influence intended. Bank of Baroda is a public sector bank with FY25 turnover of Rs 1,21,442 crore and PAT of Rs 19,581 crore.
Minor passive investment in a PSU bank. No strategic control sought. Negligible impact on Maithan Alloys core ferro alloys business.