Maithan Alloys Limited is a holding company. The Company is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys, including Ferro Silicon, Ferro Manganese and Silico Manganese, and has a captive power plant. It operates through two segments: Ferro Alloys and Wind Mill. It is also engaged in the generation and supply of wind power. Ferro manganese is alloy of manganese and iron, which is used primarily in stainless steel and flat products. Silico manganese is an alloy of manganese, silicon and iron, which is used in all steel products, with higher quantities in 200 series stainless steel, alloy steel and manganese steel. Ferro silicon is an alloy of silicon and iron, which is used in special steels and in small quantities in mid steel. Its subsidiaries include Anjaney Minerals Limited and AXL Exploration Private Limited, which are engaged in export, import, production, processing, sale, purchase, distribution and dealing in metals and minerals.