Maithan Alloys Limited
Maithan Alloys is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys- Ferro Manganese, Silico Manganese and Ferro Silicon. It is also engaged in the generation and supply of Wind Power and has a Captive Power Plant.(Source : 201903 Annual Report Page No: 88)
What Maithan files
- Others141
- Important24
- Board Meeting12
- Dividend/Bonus11
- Credit Ratings4
- Updates4
Maithan Alloys has announced that its application for re-classifying certain promoter group members to the public category has been returned by the stock exchange due to unaddressed queries. The company may file a fresh application with complete documentation to pursue the matter further.
Maithan Alloys declared an interim dividend of ₹11 per share. Dividends are subject to TDS, with varying rates based on shareholder status. Non-residents can avail DTAA benefits. Shareholders must ensure valid PAN and submit necessary documents to avoid higher tax withholding.
Maithan Alloys' subsidiary, IMPEX, has restarted one of its two ferro-alloy furnaces after a shutdown. Commercial production is expected soon, with the second furnace planned to restart shortly, signaling a return to operations. The board also approved IMPEX's amalgamation into Maithan, pending NCLT approval.
Shareholders have approved the appointment of M/s. Patnaik and Patnaik as Secretarial Auditor for the financial years 2025-2026 to 2029-2030, formalizing this key governance role.