Manaksia coated metals & ind has submitted its quarterly monitoring agency report for the period ended December 31, 2025, in compliance with SEBI regulations. The report, prepared by CARE Ratings Limited as the monitoring agency, covers the company's Rs. 134.55 crore preferential issue of convertible warrants.

Issue Details and Compliance

The preferential issue was conducted on January 30, 2025, with CARE Ratings Limited serving as the monitoring agency under SEBI regulations. The report confirms that all fund utilization has been in accordance with the disclosures made in the offer document, with no deviations observed from the stated objects.

Fund Utilization Progress

As of December 31, 2025, the company has received Rs. 120.90 crore out of the total issue size of Rs. 134.55 crore. The received funds have been fully utilized across the designated purposes with no unutilized amounts remaining from the received proceeds.

Implementation Status

The monitoring agency report indicates that implementation of stated objects is proceeding as planned. Issue-related expenses and general corporate purpose allocations have been completed, while loan repayment and working capital requirements remain ongoing with completion targeted by November 2026.

Key Compliance Confirmations

• No deviations from objects disclosed in offer document
• No changes in means of finance for disclosed objects
• All statutory requirements being met as applicable
• No unfavorable events affecting object viability

Outstanding Amount

The company is yet to receive Rs. 13.65 crore against the issued share warrants, representing the balance amount from the total preferential issue size. The monitoring agency noted no concerns regarding this pending receipt.

The report was verified by S. Bhalotia & Associates through their CA certificate dated January 21, 2026, providing limited assurance on the fund utilization details. CARE Ratings confirmed no material deviations from previous monitoring reports and found the company's fund deployment consistent with regulatory requirements.

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:

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:

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.