Manaksia Coated Metals & Industries Limited has announced a crucial board meeting scheduled for October 27, 2025, to address several important matters. The meeting agenda includes reviewing the company's financial performance and exploring potential fund-raising opportunities.

Key Points of the Upcoming Board Meeting

Financial Results Review

The board will consider the unaudited financial results for the quarter and half-year ended September 30, 2025.

Fund-Raising Proposals

Directors will evaluate proposals for raising funds through various securities, including:

• Equity shares
• Convertible debentures
• Warrants
• Other eligible securities

These fund-raising initiatives may be conducted through methods such as private placement or preferential issue, subject to necessary regulatory approvals.

Other Agenda Items

• Consideration of increasing the company's authorized capital
• Discussion on amending the company's memorandum of association, consequent to the potential increase in authorized capital
• Approval of the draft notice for an Extraordinary General Meeting

Trading Window Closure

In compliance with SEBI regulations and the company's Code of Conduct for Prevention of Insider Trading, Manaksia Coated Metals has announced the closure of the trading window for designated persons:

The trading window was already closed from October 1, 2025, in anticipation of the Q2 results, as per a previous intimation dated September 26, 2025.

Implications and Next Steps

The upcoming board meeting signals potential significant developments for Manaksia Coated Metals & Industries Limited. The consideration of fund-raising proposals suggests that the company may be planning for expansion or looking to strengthen its financial position. Investors and stakeholders will be awaiting the outcome of this meeting, particularly regarding the Q2 financial results and any decisions on capital raising.

The company has committed to disseminating the outcome of the board meeting to the stock exchanges within the stipulated time as prescribed under SEBI Listing Regulations.

Manaksia Coated Metals & Industries Limited , a leading manufacturer and exporter of coated metal products, has received a significant boost in its credit ratings from Acuité Ratings & Research. The company has also unveiled ambitious expansion plans, signaling a strong growth trajectory.

Credit Rating Upgrade

Acuité Ratings & Research has upgraded Manaksia Coated Metals & Industries' long-term rating from A(-) to A, while the short-term rating has been elevated from A2 to A1. This upgrade reflects the company's robust financial profile, consistent performance, and prudent financial management.

The rating agency cited several key factors supporting the improved ratings:

• Healthy balance sheet
• Strong operational metrics
• Sustained growth momentum across domestic and international markets

Strategic Growth Initiatives

Manaksia Coated Metals & Industries has announced several strategic initiatives to drive sustainable growth:

1. Capacity Expansion: The company plans to upgrade its Aluminium-Zinc technology and expand capacity to 180,000 MTPA.

2. Solar Project: A 7.0 MWp captive solar project is in the works, aimed at reducing energy costs.

3. New Color Coating Line: The company will commission Color Coating Line 2 in Q4 FY26, boosting high-margin production.

Financial Performance

Manaksia Coated Metals & Industries reported strong financial results:

Management Commentary

Mr. Karan Agrawal, Whole Time Director of Manaksia Coated Metals & Industries Limited, commented on the development: "The external credit rating upgrade by Acuité is a strong validation of our financial discipline, operational strength, and consistent growth performance. This development will provide the company with improved access to capital, greater financial flexibility, and the benefit of reduced borrowing costs, enabling us to strengthen our growth journey."

He further added, "Our future plans are anchored on expanding scale, improving efficiencies, and enhancing our presence in premium global markets. Exports remain a key growth driver, and a healthy pipeline of orders reinforces our confidence in sustained momentum."

Company Overview

Manaksia Coated Metals & Industries Limited specializes in manufacturing Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms. The company's operational footprint includes:

• 2 manufacturing plants
• 4 branch offices
• 5 stock yards and service centers

The company's manufacturing facility in Kutch, Gujarat, is strategically located near Kandla and Mundra Ports, enhancing efficiency for imports, exports, and access to domestic coastal routes.

With these strategic initiatives and the recent credit rating upgrade, Manaksia Coated Metals & Industries appears well-positioned to strengthen its leadership in the coated metals industry and drive long-term growth.