Man Industries (India) Limited has announced a significant administrative change regarding its foreign subsidiary operations in Dubai. The company informed stock exchanges on December 30, 2025, about the formal name change of its Dubai-based subsidiary.

Subsidiary Name Change Details

The regulatory filing disclosed the transformation of the subsidiary's corporate identity in the UAE market. The change represents a strategic rebranding of the company's international operations.

Regulatory Compliance and Impact

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Rahul Rawat signed the official communication to both BSE Limited and National Stock Exchange of India Limited, ensuring full compliance with disclosure requirements.

The company emphasized that this change is purely administrative in nature. The modification affects only the nomenclature of the subsidiary and maintains continuity in all other operational aspects. The legal status of the subsidiary remains unchanged, with no alterations to the existing shareholding pattern or corporate structure.

Corporate Structure Continuity

Man Industries clarified that the name change does not impact the subsidiary's operational framework or business activities in Dubai. The transformation from DMCC (Dubai Multi Commodities Centre) to FZCO (Free Zone Company) designation reflects the subsidiary's evolving business focus while maintaining its strategic position in the UAE market.

The company's proactive disclosure demonstrates its commitment to transparency and regulatory compliance, keeping stakeholders informed about corporate developments that may be of interest to investors and market participants.

Man Industries (India) has announced the successful conclusion of the Income Tax Department's search on December 22, 2025, marking the end of a regulatory inquiry that had been under review. The steel sector company has confirmed that the completion of this search brings clarity to its regulatory standing, with no impact on its business operations.

Search Conclusion Details

The company has officially communicated that the IT Department's search concluded on December 22, 2025. This development represents a significant milestone for Man Industries (India) as it moves forward with complete regulatory clarity.

Business Operations Status

Man Industries (India) has emphasized that its business operations remain entirely unaffected by the search process. The company confirmed that:

• All manufacturing activities continue as normal
• Customer relationships and supply chains remain intact
• Production schedules and delivery commitments are unimpacted
• Employee operations continue without disruption

Company Profile

Man Industries (India) operates in the steel sector and is classified as a Small Cap company with a market capitalization of ₹3,364.18 crores. The organization has maintained its operational focus throughout the search period, ensuring business continuity for all stakeholders.

Stakeholder Impact

The conclusion of the IT Department's search provides reassurance to investors, customers, and business partners regarding the company's regulatory compliance status. With the inquiry now complete, Man Industries (India) can continue its operations with full transparency and regulatory clarity.

This development allows the company to focus entirely on its core business activities without the uncertainty that typically accompanies ongoing regulatory investigations.