Maithan Alloys Limited

Key Quantitative Figures

  • Acquisition Date: October 9, 2026 at 3:30 PM
  • Company Awareness Date: October 10, 2026 at 11:55 AM
  • Number of Shares Acquired: 233,160 equity shares
  • Percentage of Shareholding: 0.20%
  • Total Acquisition Cost: ₹33.40 Crore
  • Consideration Type: Cash Consideration

Target Entity Details

ESDS Software Solution Limited

  • Industry: IT Enabled Services
  • Date of Incorporation: August 18, 2005
  • Country of Presence: India
  • Financial Performance (as of March 31, 2026):
  • Turnover: ₹378 Crore
  • PAT: ₹62 Crore
  • Networth: ₹520 Crore
  • Historical Turnover:
  • FY 2025-2026: ₹378 Crore
  • FY 2024-2025: ₹357 Crore
  • FY 2023-2024: ₹281 Crore

Business Profile of Acquired Entity

ESDS Software Solution Limited is an AI-enabled end-to-end IT service provider with over two decades of experience in building and managing IT infrastructure. The company provides data center, cloud, colocation, managed services and AI infrastructure solutions for Governments and PSUs, BFSI Institutions and Enterprises. Its infrastructure supports workloads across banking, public services, manufacturing, healthcare, retail, energy, logistics and other sectors.

Transaction Details

  • Related Party Transaction: No
  • Promoter/Promoter Group Interest: No
  • Arm's Length Transaction: Yes
  • Governmental/Regulatory Approvals Required: None
  • Acquisition Status: Completed on October 9, 2026
  • Investment Rationale: The shares were acquired through the stock exchange and form part of the investment of Maithan Alloys Limited with a view to reap the long-term/short-term investment benefits. Maithan Alloys Limited does not intend to acquire control, whether directly or indirectly, of the management of the Target Entity.

Additional Information

Information relating to the Target Entity was obtained from its website, Annual Report for FY 2025-26, and BSE website.