On April 21, 2025, Maithan Alloys Limited announced the acquisition of an 80% equity stake in Goldtree Impex Private Limited. The acquisition aims to drive immediate growth for the company by expanding into Metal & Mining and Real Estate sectors, which are closely aligned with Maithan Alloys' business objectives.

As per the disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the acquisition will be executed through a share purchase agreement. Maithan Alloys will acquire 80% of the equity shares of Goldtree Impex Pvt. Ltd., which operates primarily in the trading of industrial goods and has recently diversified its operations into the metal & mining and real estate sectors.

The acquisition marks a significant milestone in Maithan Alloys' strategy to expand its presence in high-growth sectors. This move is expected to strengthen the company’s market position and unlock new revenue streams by tapping into the expanding Metal & Mining and Real Estate industries.

Goldtree Impex Private Limited has been operational in the industrial goods sector, and over the past few years, it has started diversifying into other key areas, setting the stage for Maithan Alloys to capitalize on its growth potential. The target entity, based in India, reported negligible turnover in the last three years, with Rs. 0.38 crore turnover in 2021-2022. Despite this modest financial history, the strategic acquisition aims to unlock the future growth prospects of both companies.

The acquisition is expected to be completed by May 15, 2025, subject to the necessary regulatory approvals, and Maithan Alloys intends to explore the integration of Goldtree Impex's operations into its broader business portfolio. The proposed acquisition cost is estimated at Rs. 0.02 crore.

Regarding regulatory requirements, the company has confirmed that there are no related-party transactions involved in this acquisition. Furthermore, Maithan Alloys has ensured that all required disclosures and notifications will be made as per the SEBI guidelines.

This acquisition will be done via cash consideration and is part of Maithan Alloys' broader investment strategy to diversify its operations and expand its footprint in the industrial goods, metal & mining, and real estate sectors.

The company’s management has indicated that the acquisition is in line with its strategic vision to position Maithan Alloys as a leader in these high-potential sectors. It is expected to complement the company’s current business operations while providing new avenues for growth.

Maithan Alloys Limited is committed to enhancing shareholder value through strategic acquisitions and investments. The acquisition of Goldtree Impex represents a key step in strengthening its portfolio and ensuring long-term growth and profitability. The company will continue to keep stakeholders informed of any further developments related to this acquisition.

With the acquisition nearing completion, Maithan Alloys is poised for a promising future in both the Metal & Mining and Real Estate sectors, areas that are expected to witness significant expansion in the coming years. The integration of Goldtree Impex into Maithan Alloys' business will provide the company with a competitive edge in these emerging industries.

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