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Company Information

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MAITHAN ALLOYS LTD.

23 October 2026 | 12:00

Industry >> Ferro Alloys

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ISIN No INE683C01011 BSE Code / NSE Code 590078 / MAITHANALL Book Value (Rs.) 1,560.10 Face Value 10.00
Bookclosure 21/09/2026 52Week High 1210 EPS 148.96 P/E 5.30
Market Cap. 2299.08 Cr. 52Week Low 770 P/BV / Div Yield (%) 0.51 / 2.15 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Maithan Alloys Ltd is among India's leading manufacturers and exporters of niche value-added manganese alloys. The company has emerged as a reputed provider of customized manganese alloys to large and growing steel companies the world over. 2008 - Maithan Alloys Ltd has appointed Shri. Biswajit Choudhuri as Additional Director on the Board of Directors of the Company. 2010 -Maithan Alloys has given the Bonus in the Ratio of 1:2 -Registered Office of the Company has been shifted From 3F-East India House, 20 British Indian Street, Kolkata - 700 069 To Ideal Centre, 4th Floor, 9, A J C Bose Road, Kolkata - 700 017 2011 -Maithan Alloys has recommended a dividend of Rs. 2/- per equity share of Rs 10/- each (i.e. @ 20% of the paid up capital) for the year 2010-2011 2012 - Maithan Alloys has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20% of the paid up capital) for the year 2011-2012. 2013 - The Company has acquired 1,53,75,000 equity shares of Rs. 10 each of Anjaney Alloys Limited (a subsidiary Company) for a sum of Rs. 25.40 Crores. - The Company has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20% 2014 - The Company has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20% - The Company appointed Smt. Kalpana Biswas Kundu as an Additional Director on its Board. 2015 -The Company has allotted the Bonus Shares to its shareholders in the Ratio of 1:1. 2016 -Delivery of the First bulk vessel orger of 6000 tonnes to Qatar ISO 18001 certification achieved for Health & Safety 2018 - Maithan Alloys Ltd. had been awarded nomination for the Best Financial Performance 2018 (above Rs 1000 Crore) at ET Bengal Corporate Awards organized by The Times Group. 2019 -The company has forayed into organic growth to set up a Greenfield Ferro alloy manufacturing unit in West Bengal. -Maithan Alloys receives Best Growth Performance Award for 2019. 2020 -The Company has also resumed its manufacturing operations at its facility located in the State of West Bengal and will gradually scale up its production.

2021
-Maithan Alloys spurts after IMFAL starts manufacturing of ferro-alloys -New Plant acquisition at Bobbili

2022
-Acquisition of Ramagiri Renewable Energy Limited.

2025
-'Acquisition of Eloise Builders & Constructions Private Limited".