Manaksia Limited has informed stock exchanges about its upcoming board meeting scheduled for January 30, 2026, to deliberate on the company's third quarter financial performance for FY26.

Board Meeting Details

The company's Board of Directors will convene on Friday, January 30, 2026, with the primary agenda focusing on financial results review and approval. The meeting will address multiple critical aspects of the company's financial performance for the reporting period.

Financial Results Scope

The board will consider, approve, and take on record the unaudited financial results covering both standalone and consolidated statements. The review will encompass the quarter ended December 31, 2025, as well as the nine-month period for the same fiscal year. Additionally, the Limited Review Report will be presented alongside the financial statements.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct, Manaksia Limited has implemented trading restrictions for designated persons. The trading window for the company's equity shares has been closed since January 1, 2026.

Regulatory Compliance

The announcement serves as compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the scheduled board meeting, ensuring adherence to disclosure requirements and applicable laws.

Manaksia Limited shareholders have delivered a resounding endorsement of the proposed corporate restructuring, approving the Scheme of Arrangement with Manaksia Ferro Industries Limited with an overwhelming majority at a court-convened meeting held on January 10, 2026.

Meeting Overview and Participation

The meeting was conducted through video conferencing from 11:00 AM to 11:36 AM as per directions from the Hon'ble National Company Law Tribunal, Kolkata Bench. A total of 106 shareholders attended the meeting virtually, comprising 5 promoters and promoter group members and 101 public shareholders.

Voting Results and Overwhelming Support

The resolution received exceptional support across all shareholder categories. Out of 51,127,214 total votes polled, representing 78.02% of outstanding shares, 51,127,124 votes were cast in favour, while only 90 votes were against the proposal.

Scrutinizer Appointment and Process

Ms. Barsha Dikshit, a Practising Company Secretary with membership number 48152, was appointed as scrutinizer by the Hon'ble NCLT through its order dated November 17, 2025. The voting process included both remote e-voting and e-voting during the meeting.

Voting Methodology and Timeline

Shareholders had multiple options to cast their votes on the special resolution. Remote e-voting was available from January 7-9, 2026, while e-voting during the meeting was provided for those who had not participated in remote voting.

The voting breakdown showed:

• Remote E-voting: 163 members cast 51,126,715 votes in favour and 13 members cast 88 votes against
• E-voting during meeting: 2 members cast 409 votes in favour and 1 member cast 2 votes against
• Combined result: 99.9998% votes in favour with 0.0002% against

Resolution Details

The approved resolution pertains to the Scheme of Arrangement between Manaksia Limited (Demerged Company) and Manaksia Ferro Industries Limited (Resulting Company) and their respective shareholders and creditors. The scheme requires compliance with various regulatory provisions including the Companies Act, 2013, SEBI regulations, and other applicable laws.

The resolution also authorizes the Board of Directors to undertake all necessary actions to implement the arrangement, including making modifications as required by regulatory authorities without seeking further shareholder approval.