Manaksia Steels Ltd

Manaksia Steels Ltd has announced the closure of its trading window for all directors, designated persons, and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct. The window will be shut from July 1, 2026, until 48 hours after the announcement of the Unaudited Financial Results for the quarter ended June 30, 2026. The specific date for the Board of Directors' meeting to approve these results will be communicated later. All connected and designated persons are advised against trading in the company's securities during this period.

Manaksia Steels Ltd reported strong financial results for Q4 and FY26, with significant YoY growth. For FY26, total income rose by 76.9% to ₹1,057.51 Cr, and PAT increased by 226.16% to ₹38.17 Cr. Q4 FY26 saw a 61.39% increase in total income to ₹308.24 Cr and a 332.19% surge in PAT to ₹18.71 Cr. The company is expanding its capacity with a new Colour-Coating Line and a second Cold Rolling Mill to enhance backward integration and support future growth.

Manaksia Steels Ltd. has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial statements and results. Statutory Auditors expressed an unmodified opinion on the audited standalone and consolidated financial results. The board also approved the appointment and reappointment of internal and cost auditors for the financial year 2026-27.

Manaksia Steels Ltd has appointed M/s. JMNR & Associates as the Internal Auditors for the financial year 2026-27, as recommended by the Audit Committee. This decision was made during a Board of Directors meeting held on May 22, 2026, where the audited financial statements and results for the year ended March 31, 2026, were also approved. Additionally, M/s. B. Mukhopadhyay & Co. was re-appointed as Cost Auditors for the same financial year.

Manaksia Steels Ltd re-appointed B. Mukhopadhyay & Co. as Cost Auditors for the financial year 2026-27, following a Board of Directors meeting on May 22, 2026. The board also approved the audited financial statements and results for the year ended March 31, 2026, and appointed JMNR & Associates as Internal Auditors for FY 2026-27. The Statutory Auditors issued an Unmodified Opinion on the audited standalone and consolidated financial results.

Manaksia Steels Ltd's Board of Directors approved the audited standalone and consolidated financial statements and results for the year ended March 31, 2026. The board also approved the appointment of M/s. JMNR & Associates as Internal Auditors and re-appointment of M/s. B. Mukhopadhyay & Co. as Cost Auditors for the financial year 2026-27. The Statutory Auditors issued an Unmodified Opinion on the audited financial results.

Manaksia Steels Ltd has scheduled a Board of Directors meeting on May 22, 2026, to consider and approve the audited financial results (both standalone and consolidated) for the quarter and year ended March 31, 2026. The trading window, which has been closed since April 1, 2026, will open 48 hours after the announcement of the results to the stock exchanges, in compliance with SEBI regulations.

Manaksia Steels Ltd, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Companies Code of Conduct, has announced the closure of the trading window for all Directors and Designated Persons of the Company and their immediate relatives. The closure will be effective from 1st April, 2026 until 48 hours after the announcement of the Audited Financial Results for the quarter and year ended 31st March, 2026. The date of the Board of Directors' meeting to approve the Audited Financial Results will be informed to the Stock Exchanges in due course. Connected Persons/Designated Persons and their immediate relatives are advised not to trade in the securities of the Company during this period.

Manaksia Steels Ltd has announced a proposed capacity expansion for the production of Cold Rolled Coils at its existing unit in Haldia, West Bengal. The expansion will be carried out through the introduction of a 6-Hi Reversible Cold Rolling Mill, which will increase the production capacity from 1,20,000 Tonnes per annum to 3,70,000 Tonnes per annum. The proposed capacity addition is expected to be completed by the fourth quarter of the Financial year ending 2027-28, with an investment of approximately Rs. 100 crores. The company plans to finance this expansion through debts and internal accruals. The rationale behind this expansion is to meet captive demand and increase sales in both domestic and international markets.

The Board of Directors of Manaksia Steels Ltd approved the un-audited financial results for the quarter and nine months ended 31st December 2025. The results were prepared in accordance with the Indian Accounting Standards and other accounting principles generally accepted in India. The company's standalone total revenue for 9M 2025 was 74,311.10 lacs, and the consolidated total revenue was 80,418.71 lacs.