Maithan Alloys Acquires 70.001% Shareholding in Bharat Electronics Through Stock Exchange

Maithan Alloys Ltd has acquired 70.001% shareholding in Bharat Electronics Ltd through the stock exchange. The acquisition, which occurred on 27th June 2025, is not a related party transaction and does not fall under the promoter/promoter group/group companies' interest. The total cost of acquisition was Rs. 1.97 Crore. Bharat Electronics Ltd, a Navratna PSU under the Ministry of Defence, Government of India, manufactures state-of-the-art electronic products and systems for the Indian Armed Forces and has diversified into various areas. The information was obtained from the company's website and BSE website.