Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Ltd has filed a disclosure regarding an inter-se transfer of 20,20,827 equity shares, representing 1.91% of the total equity and voting share capital. The transfer is a gift amongst members of the Promoter Group, involving Sumitra Devi Agarwalla and Sushil Kumar Agarwal, along with other identified Persons Acting in Concert (PACs). This transaction does not alter the overall promoter holding percentage but reallocates shares within the promoter family. The total equity share capital remains Rs. 10,58,34,050, constituting 10,58,34,050 equity shares of Re. 1 each.

Manaksia Coated Metals & Industries Ltd reports the outcome of a meeting of its secured creditors held on June 9, 2026. The meeting, conducted via video conferencing, was convened to approve the Scheme of Amalgamation of JPA Snacks Private Limited with Manaksia Coated Metals & Industries Limited. The report, submitted by Chairperson Parikshit Poddar, indicates that all secured creditors, representing 100% of the total secured debt (₹3,02,37,959), approved the scheme. The meeting commenced at 2:00 PM IST, was adjourned due to technical difficulties, and recommenced at 2:38 PM IST, concluding at 3:03 PM IST.

Manaksia Coated Metals & Industries Ltd has reported the outcome of the meeting of its Unsecured Creditors held on June 9, 2026. The meeting, conducted via video conferencing, was convened as per the National Company Law Tribunal's order dated April 24, 2026, concerning the Scheme of Amalgamation of JPA Snacks Private Limited with Manaksia Coated Metals & Industries Limited. The report, submitted by Chairperson Parikshit Poddar, indicates that the Unsecured Creditors have approved the Scheme of Amalgamation based on the scrutinizer's report and voting results. The meeting commenced at 11:07 a.m. IST and concluded at 11:32 a.m. IST, with 14 unsecured creditors attending.

Manaksia Coated Metals & Industries Limited held an Equity Shareholders meeting on June 8, 2026, via video conferencing to discuss the Scheme of Amalgamation with JPA Snacks Private Limited. The meeting, convened as per SEBI regulations and NCLT order, commenced at 11:00 AM IST and concluded at 11:31 AM IST. The Chairperson, Advocate Parikshit Poddar, reported that the Scheme of Amalgamation was explained to the shareholders. The results of the voting on the resolution for approval of the Scheme of Amalgamation are awaited from the Scrutinizer's report, which was received on June 11, 2026.

Manaksia Coated Metals & Industries Ltd has announced the closure of its trading window for directors, designated persons, and their immediate relatives. This closure is in accordance with the company's Code of Conduct for Prohibition of Insider Trading. The window will be shut from Wednesday, July 1, 2026, and will reopen 48 hours after the declaration of the Unaudited Financial Results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when sensitive financial information is being prepared for public release.

Manaksia Coated Metals & Industries Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning Sushil Kumar Agrawal and Persons Acting in Concert (PACs). The filing details an inter-se transfer of 20,20,827 equity shares, representing 1.91% of the total equity and voting share capital, by way of gift amongst members of the Promoter Group. The transaction occurred on June 23, 2026. Following this transfer, the total promoter holding remains at 57.46%. The total equity share capital of the company is ₹10,58,34,050, divided into shares of ₹1 each.

Manaksia Coated Metals & Industries Ltd has issued a corrigendum to its earlier filing regarding the proceedings of a meeting of Secured and Unsecured Creditors. The company clarified that due to a typographical error, the cut-off date for determining creditor eligibility was incorrectly stated as March 31, 2026. The correct cut-off date has been revised to June 1, 2026. All other details within the original proceedings remain unchanged.

Manaksia Coated Metals & Industries Ltd has announced meetings for shareholders, unsecured creditors, and secured creditors to approve business items, as per SEBI regulations. The meetings will be held in June 2026, with e-voting details provided. The notice and explanatory statement have been sent electronically and are available on the company's website and NSDL.

Manaksia Coated Metals & Industries Ltd's board approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of Re.0.05 (5%) per equity share. The board also approved the appointment of M/s Audittech 360 Financial Services Private Limited as the Internal Auditor for FY 2026-27 and M/s. S. Chhaparia & Associates as Cost Auditor, subject to shareholder ratification. Additionally, the re-appointment of Mr. Addanki Venkata Srinarayana as Wholetime Director and increases in remuneration for key management personnel were approved, subject to shareholder approval.

Manaksia Coated Metals & Industries Ltd announced audited financial results for Q4 and full year FY 2025-26. FY26 revenue crossed ₹896 Crore with a 13.50% YoY increase. EBITDA grew by 49.21% to ₹92.21 Crore, and Profit After Tax (PAT) surged by 164% to ₹40.69 Crore. Export revenues reached an all-time high. The company's second color coating line is progressing as planned and is expected to commence commercial production in Q2FY27. The 7 MW captive solar power project is also advancing well.