Maithan Alloys Acquires 0.65% Stake in ESDS Software for ₹113.37 Cr

Maithan Alloys Ltd has acquired a 0.65% stake, comprising 760,548 shares, in ESDS Software Solution Limited for a total consideration of ₹113.37 Crore. The acquisition, executed through the stock exchange on September 10, 2026, is part of Maithan Alloys' investment strategy to achieve long-term and short-term investment benefits. The company does not intend to acquire control over the target entity's management. ESDS Software Solution Limited is an AI-enabled IT service provider with a turnover of ₹378 Crore as of March 31, 2026. The transaction was conducted at arm's length.