Maithan Alloys Acquires 0.01% Stake in Bank of Baroda for Rs. 19.26 Crore

Maithan Alloys Ltd has acquired 664517 shares of Bank of Baroda, a Public Sector Bank, through the stock exchange on 12th February, 2026. The total cost of acquisition was Rs. 19.26 Crore. This acquisition does not provide Maithan Alloys with control over the management of Bank of Baroda. The acquired entity, Bank of Baroda, offers a comprehensive range of products and services in corporate banking, cash management, financing, lending, treasury solutions, advisory services, financing solutions, and retail banking. It also offers investment products such as mutual funds, insurance plans, and demat services. The information about the Target Entity has been obtained from its website and Financial Results for the FY 24-25 and BSE website.