
Corporate Action29 Oct 2026, 09:20 pm
Manaksia Coated Metals Approves Floor Price of ₹127.01 for Issue
AI Summary
Manaksia Coated Metals & Industries Ltd announced that its Board of Directors, in a meeting held on October 29, 2026, approved the opening of an issue with a floor price of ₹127.01 per Equity Share. The company also approved a preliminary placement document for qualified institutional buyers. The 'Relevant Date' for the issue has been fixed as October 29, 2026. The trading window for designated persons is closed from October 29, 2026, until 48 hours after the issue price determination.
Key Highlights
- Board approved opening of issue on October 29, 2026.
- Floor price set at ₹127.01 per Equity Share.
- Preliminary placement document approved for QIPs.
- Relevant Date fixed as October 29, 2026.
- Trading window closed for designated persons.
Price Impact
More from MANAKCOAT