Maithan Alloys Acquires 0.24% Stake in ESDS

Target Entity: ESDS Software Solution Limited (Listed entity)
Acquisition Date: 23rd September, 2026 at 3:30 PM
Company Awareness Date: 24th September, 2026 at 10:14 AM
Number of Shares Acquired: 279,000 equity shares
Percentage of Shareholding: 0.24%
Total Cost of Acquisition: ₹50.19 Crore
Nature of Consideration: Cash consideration through stock exchange
Transaction Type: Arm's length transaction
Related Party Transaction: No
Promoter/Group Interest: No interest by promoter/promoter group/group companies

Industry: IT Enabled Services
Incorporation Date: August 18, 2005
Business Description: AI-enabled end-to-end IT service provider with over two decades of experience in building and managing IT infrastructure. Provides data center, cloud, colocation, managed services and AI infrastructure solutions for Governments, PSUs, BFSI Institutions and Enterprises. Infrastructure supports workloads across banking, public services, manufacturing, healthcare, retail, energy, logistics and other sectors.
Geographic Presence: India

The shares were acquired through the stock exchange and form part of the investment portfolio of Maithan Alloys Limited with a view to reap 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.
The acquisition does not represent a diversification outside the main line of business of the listed entity.

Governmental/Regulatory Approvals Required: None
Completion Status: The acquisition has been completed as of 23rd September, 2026
Time Period: Event occurred and completed on 23rd September, 2026

Information relating to the Target Entity has been obtained from its website, Annual Report for FY 25-26, and BSE website.
The disclosure was submitted to The Calcutta Stock Exchange Limited (Scrip code: 100n915), National Stock Exchange of India Ltd. (Scrip code: MAITHANALL), and BSE Limited (Scrip code: 590078).