Maithan Alloys590078Stake acquisition deal
Maithan Alloys buys 0.05% (234000 shares) of Sterlite Technologies for Rs. 20.08 Crore via stock exchange
By ScoutQuest · · 1 min read
0.05%Percentage shareholding acquired
- Stake acquired
- 0.05% of shareholding being 234000 shares
- Consideration
- Cash consideration; total cost of acquisition Rs. 20.08 Crore for 234000 shares
- Transaction date
- 21st October 2026
- Target
- Sterlite Technologies Limited
- Transaction
- Acquisition (open market purchase of listed equity shares)
Maithan Alloys buys 0.05% (234000 shares) of Sterlite Technologies for Rs. 20.08 Crore via stock exchange.
Rs. 2215 Crore-44%
FY2023-24Rs. 3952 CroreFY2024-25Rs. 2215 Crore
Target date of incorporation
Acquisition completed
Company became aware of particulars
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Maithan Alloys acquires 211661 shares (0.04%) of Sterlite Technologies for Rs. 17.24 Crore
23 Oct 2026
Maithan Alloys buys 439848 shares (0.09%) of Sterlite Technologies for Rs. 38.72 crore
22 Oct 2026
Maithan Alloys incorporates M&M Water Solutions, subscribes 80% for Rs. 4 Crore
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More numbers
- Total cost of acquisitionRs. 20.08 Crore
- Shares acquired234000
- Percentage shareholding acquired0.05%
- Target turnover (as at 31.03.2026)Rs. 2446 Crore
- Target PAT (as at 31.03.2026)Rs. 2 Crore
- Target networth (as at 31.03.2026)Rs. 1526 Crore
- Target turnover FY2024-25Rs. 2215 Crore
- Target turnover FY2023-24Rs. 3952 Crore
- ConsiderationRs. 20.08 Crore
Source: BSE · 22 Oct 2026
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