
AGM/EGM10 Aug 2026, 08:20 pm
Manaksia Steels schedules 25th AGM for Sep 23, 2026
AI Summary
Manaksia Steels Ltd announced that its 25th Annual General Meeting (AGM) will be held on September 23, 2026. The Board of Directors, in a meeting on August 10, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. Additionally, the company granted in-principle approval for a significant expansion of its Haldia manufacturing facility, involving an estimated investment of ₹800 crore for the production of Cold-Rolled Coil and Coated Steel. This expansion will occur in two phases and may include a captive solar power plant. The company is also seeking special incentives from the West Bengal government for its specialty steel sector expansion plans.
Key Highlights
- 25th AGM scheduled for September 23, 2026.
- Unaudited financial results for Q1 FY27 approved.
- ₹800 crore expansion planned for Haldia facility.
- Expansion to focus on Cold-Rolled Coil and Coated Steel.
- Company seeks state incentives for specialty steel expansion.
Price Impact
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