Manaksia Coated Metals & Industries Limited announced it will host a virtual meeting with analysts and institutional investors on Monday, September 28, 2026. The session is scheduled to begin at 10:00 am IST.

The event is part of the Bharat Connect Conference Mumbai Virtual, hosted by Arihant Capital Markets. The management team of the company will interact directly with market participants during this group meeting format.

Meeting Details

The company filed an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the schedule of this investor meet. The meeting is designated as a group interaction rather than a one-on-one session.

Regulatory Compliance

This disclosure adheres to the guidelines set forth in sub-para 15a of Para A Part A Schedule III of the SEBI LODR regulations, as well as NSE Guidance Note no. NSE/CML/2022/38 dated July 29, 2022. These rules mandate prior intimation for meetings with analysts and institutional investors to ensure fair disclosure practices.

Shruti Agarwal, Company Secretary & Compliance Officer, signed the notice digitally on September 22, 2026. The company noted that the schedule is subject to change if necessary.

Manaksia Coated Metals & Industries Ltd shareholders approved the adoption of audited financial statements for FY26 and declared a final dividend of ₹0.05 per equity share at the company’s 16th Annual General Meeting. The meeting, held on September 3, 2026, via video conferencing, also saw the re-appointment of key directors and revisions to their remuneration packages.

The company’s promoters, holding 61,608,767 shares, voted in favor of all resolutions with 100% support. Public institutional investors also backed all proposals unanimously, while non-institutional public shareholders cast minimal dissenting votes across several special business items.

Key Resolutions Passed

Shareholders approved ordinary resolutions to adopt the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. The dividend declaration of 5% on the face value of ₹1 per share was passed as an ordinary resolution.

Director Appointments and Remuneration

The meeting addressed multiple special resolutions concerning board composition and compensation:

• Re-appointment of Mr. Venkata Srinarayana Addanki as Whole-time Director for three years, effective May 30, 2026.
• Re-appointment of Mr. Sushil Kumar Agrawal as Managing Director for three years, effective November 23, 2026.
• Re-appointment of Mr. Karan Agrawal as Whole-time Director for three years, effective November 17, 2026.

Remuneration revisions were approved for senior management, effective April 1, 2026:

Additionally, the Board appointed Mr. Devansh Agrawal as Vice-President Business Development at a monthly remuneration of ₹8 lakh, effective July 1, 2026.

Voting Patterns

While promoter and institutional votes were unanimous across all agenda items, non-institutional public shareholders registered small numbers of 'against' votes on remuneration-related resolutions. For instance, the appointment of Mr. Devansh Agrawal saw 3,236 votes against out of 911,066 polled from this segment, representing 0.35% dissent. Overall, all resolutions secured the requisite majority.

What the Numbers Show

The voting data reveals a stark divergence in engagement between shareholder categories. Promoter holdings of 61.6 million shares resulted in 100% participation and unanimous approval, whereas non-institutional public holdings of 44.1 million shares yielded only 2.06% participation. This concentration of voting power within the promoter group ensures decisive control over corporate governance decisions, including significant remuneration increases for top management.