Maithan Alloys (MAITHANALL) — regulation 31

📢 Key Event
NSE rejects promoter reclassification request under SEBI Regulation 31A

🔄 What Changed
Reclassification application rejected after prolonged unaddressed queries

💡 Investor Takeaway
Shareholders must resubmit with complete documents and fees to pursue reclassification.

NSE rejected Maithan Alloys' promoter reclassification request due to unaddressed queries from February 3, 2026, application, returning it under SEBI Regulation 31A. The decision was communicated on September 9, 2026, at 6:17 PM, with no timeline provided for future submissions.

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About Maithan Alloys Ltd (MAITHANALL)

Metals & Mining · Ferro Alloys · Listed on BSE

Market Cap: ₹2,898.49 Cr P/E: 10.0 ROE: 7.2% ROCE: 10.1% Div Yield: 1.71%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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