Maithan Alloys Board Approves MOA Alteration

Maithan Alloys Ltd's Board of Directors has approved alterations to the company's Memorandum of Association (MOA). The key changes include adding a new sub-clause to the main objects allowing the company to manage, deploy, and invest internal accruals and own funds in various capital and money market instruments for treasury management or capital appreciation. This is subject to shareholder approval and ensures the company remains outside NBFC regulatory thresholds. Additionally, ancillary objects related to amalgamation, merger, demerger, and slump sale of business undertakings have been revised. The Board meeting was held on August 4th, 2026.