Maithan Alloys to shut down Byrnihat unit in Meghalaya from Aug 31

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....aithan Alloys to shut down Byrnihat unit in Meghalaya from Aug 31<BR>PTI News<BR>Dated:- 30-6-2025<BR>PTI<BR>Kolkata, Jun 30 (PTI) Maithan Alloys Ltd on Monday announced the closure of its Byrnihat un....

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....it in Meghalaya from August 31, citing adverse market conditions and a sharp increase in power costs in the northeastern state. In a regulatory filing, the company said the closure would be for an ....

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....indefinite period”. The Byrnihat unit contributed 6.12 per cent to its total turnover and 8.16 per cent to net worth in the 2024-25 fiscal. The total revenue stood at Rs 112.17 crore in the last f....

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....iscal, the company said. Maithan Alloys operates three manufacturing units — West Bengal, Meghalaya and Andhra Pradesh. The company is a leading producer of manganese and ferro alloys used in steel....

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.... manufacturing. PTI BSM RBT<BR> News - Press release - PIB....