Maithan Alloys halts production indefinitely at Byrnihat unit

Maithan Alloys Limited has fully suspended production at its Byrnihat Unit in Meghalaya, effective from September 22, 2025, at 8:00 A.M. This indefinite suspension is attributed to adverse market conditions and a significant increase in power costs within the state.

The company had previously informed stock exchanges of a proposed closure in letters dated June 30, 2025, and August 13, 2025, with an initial effective date of September 30, 2025. This updated announcement confirms the immediate halt of production.