Maithan Alloys Buys Falling Bank of India Shares: ₹25 Cr Investment Signals Market Shift

• Maithan Alloys Limited, a ferro alloys manufacturer, invested ₹25.04 crore in Bank of India shares on January 6, 2026.
• The investment involved purchasing 1,648,000 shares, representing 0.04% of Bank of India's total stake, through the stock exchange.
• This acquisition was disclosed to SEBI under LODR Regulations, 2015, as it crossed the prescribed limit.
• Maithan Alloys clarified the investment is purely financial for long/short-term returns, not for gaining control, and is an arm's-length transaction.
• Bank of India, a public sector bank, shows strong financials with increasing turnover and net profit, despite its shares falling for 3 months.

Why It Matters: Maithan Alloys' ₹25 Cr investment in Bank of India's falling shares signals confidence in its future.