
Acquisitions6 Jan 2026, 03:40 pm
Maithan Alloys Acquires 0.03% Stake in Union Bank of India for Rs. 42.85 Crore
AI Summary
Maithan Alloys Ltd has acquired 0.03% stake in Union Bank of India through a stock exchange on 5th January, 2026. The transaction is valued at Rs. 42.85 Crore. Union Bank of India, a major Public Sector Bank in India, provides a range of banking products and services. The information was obtained from the bank's website, annual report for FY 24-25, and BSE website.
Key Highlights
- Maithan Alloys acquires 0.03% stake in Union Bank of India
- Transaction valued at Rs. 42.85 Crore
- Acquisition done through a stock exchange
- Union Bank of India is a major Public Sector Bank in India
- Information obtained from the bank's website, annual report for FY 24-25, and BSE website