Maithan Alloys Plans Strategic Expansion: Board Approves Land Acquisition Evaluation Near Delhi-NCR

Maithan Alloys Limited, India's largest manganese alloy producer, has announced that its board has authorized the evaluation of potential land acquisition near Delhi-NCR. This strategic move comes as the company looks to expand its manufacturing footprint beyond its existing facilities in West Bengal, Andhra Pradesh, and Meghalaya. The company, known for its ferro alloys production with a current capacity of 137.25 MVA, maintains strong relationships with major steel manufacturers like SAIL, Tata Steel, and JSW. This expansion aligns with Maithan's controlled growth strategy and long-term value generation approach.Source: BSE Filing