Manaksia Limited has submitted a regulatory disclosure confirming that no share encumbrance was undertaken during the financial year ended March 31, 2026. The disclosure was filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on April 2, 2026.

Regulatory Compliance Declaration

Basudeo Agrawal, representing himself and Persons Acting in Concert (PACs), submitted the mandatory disclosure to BSE Limited and National Stock Exchange of India Limited. The declaration confirms compliance with SEBI regulations regarding substantial shareholding and takeover norms. The company trades under scrip code 532932 on BSE and symbol MANAKSIA on NSE.

Promoter Group Shareholding Details

As of March 31, 2026, the promoter group's shareholding structure demonstrates significant stake in the company across multiple entities and individuals.

Key Highlights

The disclosure reveals several important aspects of the promoter group's shareholding:

• Vineet Agrawal holds the largest individual stake with 81,16,245 shares (12.384%)
• Anuradha Agrawal maintains the second-largest holding with 47,12,500 shares (7.191%)
• The promoter group collectively controls over one-quarter of the company's equity
• No encumbrance was created on any shares during the entire financial year

Regulatory Framework

The disclosure fulfills mandatory requirements under SEBI's substantial acquisition and takeover regulations. Regulation 31(4) mandates periodic disclosures by persons holding substantial stakes in listed companies. This ensures transparency in shareholding patterns and protects minority shareholder interests. The filing was addressed to stock exchanges and the company's audit committee, maintaining proper corporate governance protocols.

Manaksia Limited has successfully concluded its postal ballot process with shareholders overwhelmingly approving all five ordinary resolutions related to material related party transactions for the Financial Year 2026-27. The voting results, announced on March 17, 2026, demonstrate strong shareholder confidence in the company's strategic business relationships.

Postal Ballot Process Overview

The postal ballot process was conducted entirely through electronic voting, facilitated by National Securities Depository Limited (NSDL). The e-voting period commenced on February 13, 2026, at 09:00 a.m. and concluded on March 14, 2026, at 5:00 p.m. Ms. Pammy Jaiswal, Partner at Vinod Kothari & Company, Practising Company Secretaries, served as the scrutinizer for the entire process.

Resolution Results and Approval Rates

All five resolutions achieved remarkable approval rates, with each receiving between 99.8474% and 99.8475% votes in favor. The resolutions covered various material related party transactions involving the company and its subsidiaries.

Shareholder Participation Analysis

The voting pattern revealed strong institutional support across all resolutions. Public institutions demonstrated complete unanimity with 100% approval rates, while public non-institutional shareholders showed approval rates ranging from 99.7813% to 99.7815%.

Key Voting Statistics:

• Total Outstanding Shares: 65,534,050
• Promoter and Promoter Group Shares: 49,105,940 (did not participate in voting)
• Public Institutional Shares: 761,719 (624,709 votes polled at 82.01% participation)
• Public Non-Institutional Shares: 15,666,391 (1,443,681 votes polled at 9.22% participation)

Related Party Transaction Framework

The approved resolutions establish the framework for material related party transactions during Financial Year 2026-27. These transactions involve:

• MINL Limited (wholly-owned subsidiary) conducting business with both Manaksia Steels Limited and Sumo Steels Limited
• Manaksia Ferro Industries Limited (wholly-owned subsidiary) engaging in transactions with Manaksia Steels Limited
• Direct company transactions with both Manaksia Steels Limited and Sumo Steels Limited

Regulatory Compliance and Documentation

The postal ballot process was conducted in full compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published mandatory newspaper advertisements on February 13, 2026, in "Ekdin" (Bengali) and "Business Standard" (English). All documentation and voting results have been made available on the company's website at www.manaksia.com and will be submitted to the stock exchanges where the company's shares are listed.

The successful completion of this postal ballot process enables Manaksia Limited and its subsidiaries to proceed with the approved related party transactions, supporting the company's operational and strategic objectives for the upcoming financial year.