Manoj Ceramic Ltd

Manoj Ceramic Limited's Board of Directors met on September 16, 2026, and approved the conversion of Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) into Compulsory Convertible Preference Shares (CCPS). Specifically, 1,00,000 NCRPS of Rs. 100 each were converted into 1,00,000 CCPS, and another 1,50,000 NCRPS of Rs. 100 each were converted into 1,50,000 CCPS. These CCPS are convertible into equity shares at a price of Rs. 100 each, including a premium of Rs. 90 per share. The company also announced an Extra-Ordinary General Meeting (EGM) on October 15, 2026, to seek shareholder approval for this conversion and appointed a scrutinizer for the e-voting process.

Manoj Ceramic Limited's Board of Directors has approved the modification of 1,00,000 and 1,50,000 Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) into Compulsory Convertible Preference Shares (CCPS). Each NCRPS of Rs. 100 will be converted into one CCPS of Rs. 100, convertible into one equity share of Rs. 10 face value at a premium of Rs. 90. This conversion is subject to shareholder approval at an upcoming Extra-Ordinary General Meeting (EGM) scheduled for October 15, 2026. The company has obtained consent from the preference shareholders. The Board also appointed a scrutinizer for the EGM's remote e-voting process.

Manoj Ceramic Ltd has announced a Board of Directors meeting scheduled for September 16, 2026. The primary agenda item is to consider and approve a variation in the terms of issued fully paid 15% Non-Cumulative Redeemable Preference Shares into 15% Compulsory Convertible Preference Shares. The meeting will also address the allotment of equity shares upon conversion. The trading window for directors, promoters, and designated persons will be closed from September 10, 2026, to September 18, 2026. The company will also consider any other item with the permission of the Chair.

Manoj Ceramic Ltd has announced its Twentieth (20th) Annual General Meeting (AGM) to be held on Tuesday, September 22, 2026, at 3:00 p.m. IST via Video Conferencing. The AGM will include the adoption of Audited Standalone and Consolidated Financial Statements for the Financial Year 2025-26. Additionally, the meeting will address the re-appointment of Mr. Dhruv Rakhasiya, who retires by rotation, and a special business item to approve the remuneration of Mr. Manoj Dharamshi Rakhasiya, Executive Director, up to ₹21 Lakh per annum for a period not exceeding three years. The Annual Report for FY 2025-26 is also available on the company's website.

Manoj Ceramic Ltd has announced its 20th Annual General Meeting (AGM) to be held on Tuesday, September 22, 2026, at 3:00 p.m. IST via Video Conferencing. The meeting will cover the adoption of audited standalone and consolidated financial statements for FY 2025-26, the reappointment of a director retiring by rotation, and the approval of remuneration for an Executive Director. The notice also includes details on e-voting, with the cut-off date set for September 15, 2026, and the remote e-voting period from September 19 to September 21, 2026. The Annual Report for FY 2025-26 is available on the company's website.

Manoj Ceramic Limited has responded to an exchange query regarding significant recent price movements in its securities. The company stated that all price-sensitive information has been disclosed in compliance with SEBI regulations, and there are no impending announcements that would impact the stock price. The management attributes the price movement to market sentiment, demand-supply dynamics, and investor activity, asserting that the company and its management are not connected to or in control of these market-driven fluctuations.

Manoj Ceramic Limited reported strong FY26 results, with revenue increasing by 23.4% to ₹202.99 Cr and PAT rising by 10.1% to ₹12.01 Cr. The company's growth was driven by retail expansion, premium product diversification, export market penetration, and technology-led customer engagement initiatives. MCPL expanded its domestic and international presence, launched the Dubai Display Centre, and strengthened export operations. The company also improved its working capital cycle by approximately 23% YoY, reflecting enhanced cash conversion efficiency. Looking ahead, MCPL aims for a 25-30% CAGR growth in the next 3 years.

Manoj Ceramic Ltd's Board of Directors approved the audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026. The results, along with the statutory auditors' report with an unmodified opinion, will be available on the company's website. The board meeting was held on May 25, 2026, where the results were considered and approved, along with a utilization certificate from the statutory auditor against the preferential issue.

Manoj Ceramic Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the Audited Financial Results (Standalone & Consolidated) for the Half Year and Financial Year ended March 31, 2026. The trading window for dealing in the company's equity shares is closed and will reopen 48 hours after the declaration of the financial results.

Manoj Ceramic Ltd's Board approved the allotment of 1,00,000 equity shares of face value ₹10 each at an issue price of ₹161 per share, including a premium of ₹151. These shares were allotted upon the exercise of options for conversion of equity warrants, following the receipt of the balance 75% subscription amount. The shares were allotted to Dhruv Manoj Rakhasiya, a promoter. Post-conversion, the company's issued, subscribed, and paid-up equity share capital increased to ₹13,80,70,000, comprising 1,38,07,000 fully paid-up equity shares. The new shares rank pari-passu with existing equity shares.