Maithan Alloys Buys 0.24% ESDS Stake For ₹50.19 Crore

Maithan Alloys bought a small part of another company called ESDS Software Solution Limited.

It purchased 279,000 shares, equal to 0.24% of ESDS.

The purchase cost ₹50.19 crore.

The shares were bought on a stock exchange on 23 September 2026.

Maithan Alloys said it wants to benefit from the investment over the short and long term.

ESDS provides cloud, data centre, and other IT services.

It serves governments, banks, businesses, and several industries.

Maithan Alloys said it does not plan to take control of ESDS.