Corporate Action11 Nov 2026, 06:11 pm
Manaksia Coated Metals Receives Trading Approval for QIP Shares
AI Summary
Manaksia Coated Metals & Industries Ltd announced that it has received trading approval from both BSE Limited and the National Stock Exchange of India Limited for the equity shares allotted under its Qualified Institutions Placement (QIP). The approval, effective from November 12, 2026, covers 1,19,99,847 equity shares of Re. 1/- face value each. This development follows the earlier communication regarding the allotment of these shares on November 6, 2026, and signifies the final step in making these newly issued shares available for trading on the stock exchanges.
Key Highlights
- Trading approval received from BSE and NSE for QIP shares.
- 1,19,99,847 equity shares of Re. 1/- face value are now tradable.
- Trading effective from November 12, 2026.
- Follows earlier allotment communication dated November 6, 2026.
Price Impact
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