
Acquisitions18 Feb 2026, 02:30 pm
Maithan Alloys Acquires 0.01% Stake in Bank of Baroda for Rs. 20.03 Crore
AI Summary
Maithan Alloys Ltd has acquired 659000 shares of Bank of Baroda, a Public Sector Bank, through the stock exchange on 17th February, 2026. This represents 0.01% of the bank's total shares. The total cost of acquisition was Rs. 20.03 Crore. The bank offers a comprehensive range of products and services in corporate banking, cash management, financing, lending, treasury solutions, advisory services, financing solutions, retail banking, and investment products such as mutual funds, insurance plans, and demat services. Bank of Baroda has a presence in India with 75 overseas branches in 17 countries.
Key Highlights
- Maithan Alloys acquires 0.01% stake in Bank of Baroda
- Total cost of acquisition is Rs. 20.03 Crore
- Acquisition done through stock exchange
- Bank of Baroda offers a comprehensive range of products and services
- Bank of Baroda has a presence in India and overseas