Maithan Alloys Limited has acquired 47,500 equity shares (0.001% shareholding) of Bharat Electronics Ltd through the stock exchange on 27th June 2025.
The total cost of acquisition is ₹1.97 crore.
The shares were acquired as part of Maithan Alloys' investment strategy to reap long-term/short-term investment benefits.
Maithan Alloys does not intend to acquire control of the management of Bharat Electronics Ltd.
Bharat Electronics Limited is a Navratna PSU under the Ministry of Defence, Government of India, manufacturing state-of-the-art electronic products and systems.
The turnover of Bharat Electronics Ltd for the financial year 2024-2025 was ₹23,658 crore, with a PAT of ₹5,288 crore and a net worth of ₹19,698 crore.