Manaksia Coated Metals & Industries Limited Schedules Board Meeting for February 2, 2026 to Consider Q3FY26 Financial Results

2 min read     Updated on 22 Jan 2026, 11:34 AM
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Overview

Manaksia Coated Metals & Industries Limited has scheduled its Board of Directors meeting for February 2, 2026, to consider and approve unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The meeting complies with SEBI Listing Regulations, with prior Audit Committee review required. The company's trading window, closed since January 1, 2026, will remain shut until 48 hours after results declaration, ensuring compliance with insider trading prevention regulations.

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*this image is generated using AI for illustrative purposes only.

Manaksia coated metals & ind has announced that its Board of Directors will meet on February 2, 2026, to consider and approve the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. The meeting has been scheduled in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The key aspects of the upcoming board meeting are outlined below:

Parameter: Details
Meeting Date: February 2, 2026 (Monday)
Purpose: Consider Q3FY26 unaudited financial results
Period Covered: Third quarter and nine months ended December 31, 2025
Prior Review: Audit Committee review required
Regulatory Compliance: SEBI Listing Regulations, 2015

The financial results will be subject to prior review by the company's Audit Committee before being presented to the Board of Directors for consideration and approval.

Trading Window Restrictions

In compliance with insider trading prevention regulations, Manaksia Coated Metals & Industries Limited has implemented trading window restrictions. The company had previously communicated on December 29, 2025, about the closure of the trading window.

The trading window details are as follows:

Aspect: Timeline
Window Closure Date: January 1, 2026
Reopening: 48 hours after financial results declaration
Applicable Regulation: SEBI Prohibition of Insider Trading Regulations, 2015
Internal Policy: Company's Code of Conduct for Prevention of Insider Trading

Regulatory Compliance Framework

The board meeting announcement demonstrates the company's adherence to multiple regulatory frameworks. The meeting has been scheduled under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, which mandates timely disclosure of board meetings to stock exchanges.

Additionally, the trading window closure aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's internal Code of Conduct for Prevention of Insider Trading. This ensures that no trading occurs in the company's equity shares during the period when unpublished price-sensitive information is available.

Stock Exchange Communication

The company has formally communicated this development to both major stock exchanges where its shares are listed. Manaksia Coated Metals & Industries Limited trades on the BSE with scrip code 539046 and on the National Stock Exchange with the symbol MANAKCOAT. The communication was signed by Company Secretary and Compliance Officer Shruti Agarwal on January 22, 2026.

Historical Stock Returns for Manaksia Coated Metals & Ind

1 Day5 Days1 Month6 Months1 Year5 Years
+2.99%-3.23%-2.59%-9.78%+15.84%+1,313.77%
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Manaksia Coated Metals & Industries Expands Capacity For Continuous Galvanizing Line

2 min read     Updated on 24 Dec 2025, 06:32 PM
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Reviewed by
Shriram SScanX News Team
Overview

Manaksia Coated Metals & Industries has undertaken a comprehensive technology upgrade and capacity expansion of its Continuous Galvanizing Line, converting from galvanized steel to Aluminium-Zinc coating technology. The project increases production capacity by 36% from 132,000 MT to 180,000 MT per annum while improving operational efficiency and supporting transition to higher-value products.

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*this image is generated using AI for illustrative purposes only.

Manaksia Coated Metals & Industries Limited has announced a major technology upgrade and capacity expansion of its Continuous Galvanizing Line (CGL). The leading coated steel metal manufacturer and exporter, specializing in Galvanised Pre-painted Steel in both coil and sheet forms, has undertaken a planned shutdown to implement the conversion from galvanized steel to Aluminium-Zinc coated steel technology.

Technology Upgrade and Capacity Enhancement

The comprehensive project encompasses both technological advancement and significant capacity expansion. The company is upgrading its Continuous Galvanising Line to Aluminium-Zinc coating technology with increased line speeds, while simultaneously expanding production capacity.

Parameter: Details
Current Capacity: 132,000 MT per annum
New Capacity: 180,000 MT per annum
Capacity Increase: 36% enhancement
Technology: Aluminium-Zinc coating

Strategic Benefits and Market Positioning

The upgrade is designed to deliver multiple operational and financial benefits. The conversion is expected to improve line productivity and operating efficiency while reducing coating cost per metric tonne and maintaining superior corrosion performance. Additionally, the upgrade aims to enhance overall energy efficiency of the line and support transition towards a higher-value product mix, with potential positive contribution to EBITDA.

The Aluminium-Zinc coated steel market presents significant opportunities with higher market acceptance and premium pricing potential. This positions the company to participate more meaningfully in growing demand across domestic and export markets, supporting scalable volume growth aligned with medium-term business plans.

Management Commentary

Mr. Karan Agrawal, Whole Time Director, emphasized the strategic importance of this initiative: "This upgrade reflects the direction in which we want to take our coated steel business. The move to Aluminium-Zinc coating technology allows us to offer a more durable and application-ready product while also improving the efficiency and reliability of our operations."

He further highlighted the operational continuity: "The transition has been planned with a clear focus on continuity. Our downstream operations of pre-painted steel production continues smoothly, and we remain fully aligned to meet customer requirements during the upgrade period."

Company Performance and Operations

Manaksia Coated Metals & Industries Limited operates with a comprehensive infrastructure including 2 manufacturing plants, 4 branch offices, and 5 stockyards and service centres. The company's manufacturing facility in Kutch, Gujarat, is strategically located near Kandla and Mundra Ports, enhancing efficiency for imports, exports, and domestic coastal routes.

Financial Metric: H1 FY26 Performance
Consolidated Total Income: ₹477.62 crores
EBITDA: ₹58.07 crores
Net Profit: ₹27.97 crores

The company manufactures Pre-painted Galvanised Steel and Plain Galvanised Steel in coil sheet forms, serving construction, automotive, appliances, and general engineering industries. With the upgraded line operational, the company expects to strengthen its presence across domestic and export markets while improving operating efficiency and supporting disciplined growth initiatives.

Historical Stock Returns for Manaksia Coated Metals & Ind

1 Day5 Days1 Month6 Months1 Year5 Years
+2.99%-3.23%-2.59%-9.78%+15.84%+1,313.77%
Manaksia Coated Metals & Ind
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