Manaksia Steels Limited has officially announced the Board approval of its unaudited financial results for Q3FY26, demonstrating exceptional performance across all key metrics. The Board of Directors approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, in their meeting held on January 31, 2026.

Board Meeting and Regulatory Compliance

The Board meeting commenced at 12:30 PM and concluded at 3:45 PM on Saturday, January 31, 2026. The company has submitted the unaudited financial results along with the Limited Review Report to BSE Limited (Scrip code: 539044) and National Stock Exchange of India Limited (Symbol: MANAKSTEEL) in compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Outstanding Q3FY26 Standalone Performance

The company demonstrated remarkable growth in standalone operations during the third quarter, with significant improvements across all financial parameters:

Consolidated Results Excellence

The consolidated operations, including subsidiaries Federated Steel Mills Limited, Far East Steel Industries Limited, and Sumo Agrochem Limited, also showed strong performance:

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, the company maintained strong momentum across all parameters:

Auditor Review and Compliance

S K Agrawal and Co Chartered Accountants LLP conducted the limited review of both standalone and consolidated unaudited financial results. The review was performed in accordance with Standard on Review Engagements (SRE) 2410, issued by the Institute of Chartered Accountants of India. The auditors confirmed that nothing came to their attention that would suggest the financial statements contain material misstatements or fail to comply with SEBI regulations.

Manaksia steels Limited has responded to a surveillance query from BSE Limited regarding recent price movements in its securities. The company issued its clarification on December 24, 2025, addressing concerns raised by the exchange about unusual trading activity.

Regulatory Compliance Confirmation

The steel company confirmed its full compliance with regulatory requirements in its response to BSE's surveillance department. The exchange had sought clarification through reference number L/SURV/ONL/PV/AJ/2025-2026/3239 dated December 24, 2025, regarding price movements across exchanges.

Company's Official Statement

Manaksia Steels emphasized its adherence to Regulation 30 and all applicable regulations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated it has been providing comprehensive details of all events, announcements, and price-sensitive information that could impact its operations or performance to stock exchanges in a timely manner.

While acknowledging the observed price movements, the company clarified that it does not possess any additional information or pending announcements that could explain the recent trading behavior. The management confirmed no undisclosed material information exists that would warrant reporting to stock exchanges.

Key Clarifications

The company's response addressed several critical points:

• Full compliance with SEBI listing regulations maintained
• All material events and price-sensitive information disclosed timely
• No pending announcements or undisclosed information available
• Regular monitoring and reporting of operational developments

Corporate Communication

The clarification was signed by Ajay Sharma, Company Secretary, representing the board's official position on the matter. This response demonstrates the company's commitment to transparent communication with regulatory authorities and maintaining investor confidence through proper disclosure practices.

The steel company's proactive response to the surveillance query reflects standard market practice when exchanges seek clarification on unusual price or volume movements in listed securities.