Maithan Alloys Limited has informed the Exchange about acquisition of Equity Shares through Stock Exchange.
MAITHANALL · price
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Awaiting price reaction for this filing.
Maithan Alloys Limited purchased 485,200 equity shares of Power Finance Corporation Ltd. (PFC) on 12th February 2026 for a total consideration of Rs. 19.96 crore in cash. This represents just 0.01% of PFC's shareholding and was done at arm's length through the stock exchange. Maithan Alloys clarified this is a pure investment activity for long-term and short-term benefits, with no intention to acquire control or management of PFC. PFC is a Maharatna PSU non-banking financial company with FY25 turnover of Rs. 53,099 crore, PAT of Rs. 17,352 crore, and net worth of Rs. 90,937 crore, focused on power and infrastructure financing.
This is a routine treasury investment disclosure and not a strategic or operational change. The impact on Maithan Alloys' shareholders is minimal — a Rs. 19.96 crore investment in a listed blue-chip PSU does not affect the company's core ferro-alloys business or financials in a meaningful way. Stock price is unlikely to react significantly.