Maithan Alloys Limited informed that Impex Metal & Feflo Alloys Limited a wholly owned subsidiary of the Company has switched-off one of its furnace with effect from 1st January, 2023 for indefinite period. due to steep increase in power cost. The production of ferro alloys of Impex Metal & Ferro Alloys Limited is expected to be reduced by at least 50% w.e.f. 1st January, 2023.