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Maithan Alloys Ltd. Company History and Annual Growth Details

Maithan Alloys Ltd is among IndiaÂs leading manufacturers and exporters of niche value-added manganese alloys. The company has emerged as a reputed provider of customized manganese alloys to large and growing steel companies the world over.

2008

- Maithan Alloys Ltd has appointed Shri. Biswajit Choudhuri as Additional Director on the Board of Directors of the Company.

2010

-Maithan Alloys has given the Bonus in the Ratio of 1:2

-Registered Office of the Company has been shifted From 3F-East India House, 20 British Indian Street, Kolkata - 700 069 To Ideal Centre, 4th Floor, 9, A J C Bose Road, Kolkata - 700 017

2011

-Maithan Alloys has recommended a dividend of Rs. 2/- per equity share of Rs 10/- each (i.e. @ 20% of the paid up capital) for the year 2010-2011

2012

- Maithan Alloys has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20% of the paid up capital) for the year 2011-2012.

2013

- The Company has acquired 1,53,75,000 equity shares of Rs. 10 each of Anjaney Alloys Limited (a subsidiary Company) for a sum of Rs. 25.40 Crores.

- The Company has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20%

2014

- The Company has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20%

- The Company appointed Smt. Kalpana Biswas Kundu as an Additional Director on its Board.

2015
-The Company has allotted the Bonus Shares to its shareholders in the Ratio of 1:1.

2016

-Delivery of the First bulk vessel orger of 6000 tonnes to Qatar ISO 18001 certification achieved for Health & Safety

2018

- Maithan Alloys Ltd. had been awarded nomination for the Best Financial Performance 2018 (above Rs 1000 Crore) at ET Bengal Corporate Awards organized by The Times Group.

2019

-The company has forayed into organic growth to set up a Greenfield Ferro alloy manufacturing unit in West Bengal.

-Maithan Alloys receives Best Growth Performance Award for 2019.

2020

-The Company has also resumed its manufacturing operations at its facility located in the State of West Bengal and will gradually scale up its production.

2021

-Maithan Alloys spurts after IMFAL starts manufacturing of ferro-alloys

-New Plant acquisition at Bobbili

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