Maithan Alloys Limited has received letters from members of its Promoter Group, including Mr. Prahlad Rai Agarwalla, Mrs. Sarita Devi Agarwalla, Mr. Avinash Agarwalla, and Prahlad Rai Agarwalla HUF, requesting re-classification from the 'Promoter & Promoter Group' category to the 'Public Category' of shareholders.

This request is made pursuant to Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The total shareholding of these members amounts to 74,88,026 shares, representing 5.11% of the total paid-up share capital as of January 13, 2026.

The applicants have certified that they do not hold more than ten percent of the total voting rights, do not exercise control over the company's affairs, and do not have any special rights through formal or informal arrangements. They also confirmed they are not Key Managerial Personnel, not willful defaulters, and not fugitive economic offenders. The company's Board of Directors will consider this request at its next meeting. The information was received on January 15, 2026.