Manaksia Limited has announced the opening of a special window for transfer and dematerialization of physical securities, following regulatory requirements from the Securities and Exchange Board of India (SEBI). The company published newspaper advertisements on April 11, 2026, to inform shareholders about this significant opportunity for holders of physical securities.

Regulatory Compliance and Publication

The company's announcement comes pursuant to SEBI Circular No. SEBI/HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, and follows Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was published in Business Standard (English) and Ekdin (Bengali) newspapers on April 11, 2026, ensuring broad accessibility for shareholders.

Official Communication Details

The company's official communication to stock exchanges was signed by Company Secretary D. Chowdhury and submitted to both BSE Limited and National Stock Exchange of India Limited. The communication referenced the newspaper publications and confirmed that the notice has been uploaded on the company's website at www.manaksia.com .

Special Window Details

The special window provides a one-time opportunity for shareholders to transfer and dematerialize physical securities that were previously rejected or not processed. The key parameters of this initiative include:

Eligibility and Process

The special window specifically addresses physical securities that were sold or purchased prior to April 01, 2019, but were subsequently rejected, returned, or not attended due to deficiency in documents, process, or any other reason. During this period, securities transferred will be credited to the transferee only in dematerialized (demat) form and will remain under lock-in for one year from the date of registration of transfer.

Contact Information for Shareholders

Eligible shareholders can submit their requests for transfer and dematerialization along with requisite documents to either the company or its Registrar and Share Transfer Agent (RTA):

The notice has also been uploaded on the company's website at www.manaksia.com for easy access by shareholders. This initiative represents the company's commitment to facilitating shareholder services and ensuring compliance with regulatory requirements for the benefit of its investor community.

Manaksia Steels has formally announced a significant capacity expansion initiative at its Haldia facility in West Bengal. The company has disclosed plans to invest approximately Rs 100.00 crores in adding cold rolled coil manufacturing capacity through advanced rolling mill technology.

Expansion Details and Investment

The expansion involves installing a 6-Hi Reversible Cold Rolling Mill to add 250,000 tonnes per year of cold rolled coil capacity at the existing Haldia unit. The project represents a substantial investment in enhancing the company's steel processing capabilities and market reach.

Financing and Implementation Timeline

Manaksia Steels plans to finance the expansion through a combination of debt and internal accruals. The company has set a target timeline for completion by the fourth quarter of Financial Year 2027-28, providing a clear roadmap for the capacity enhancement initiative.

The financing strategy reflects a balanced approach to funding growth while maintaining financial flexibility. The use of internal accruals demonstrates the company's ability to generate cash flows to support expansion plans.

Strategic Rationale and Market Positioning

The capacity expansion aims to meet both captive demand and sales opportunities in domestic and international markets. With existing capacity utilization at approximately 82%, the additional capacity will significantly enhance the company's ability to serve growing market demand.

The Haldia facility's strategic location in West Bengal provides logistical advantages for raw material procurement and finished product distribution. Cold rolled coils are essential products across automotive, construction, and manufacturing sectors, positioning the company to capitalize on demand growth in these key market segments.