Latest news about Maan Aluminium
Maan Aluminium pivots to high-value products with 24,000 TPA extrusion capacity
Maan Aluminium
102.47
+3.50(+3.54%)
Company Performance:
View Company Insights1D+3.54%
1M-10.38%
6M-26.10%
1Y-12.92%
5Y-25.77%
More news about Maan Aluminium
13Aug 26
Maan Aluminium Q1 Results: Net Profit Rises 15% YoY to ₹31M
Maan Aluminium posted stronger financial results in Q1, with revenue climbing 15% to ₹2.3 billion and net profit rising nearly 15% to ₹31 million year-on-year. The data reflects consistent growth across key profitability metrics.
28Jul 26
Maan Aluminium Shareholders Approve Independent Director Appointment and MOA Amendment via Postal Ballot
Maan Aluminium Limited's shareholders passed two special resolutions via postal ballot through remote e-voting on 28 June 2026. The first resolution approved the appointment of Mr. Karan Bhatia (DIN: 11633574) as an Independent Director for a five-year term from 1 April 2026 to 31 March 2031. The second resolution approved the alteration of the company's Memorandum of Association to include the business of transmitting, manufacturing, supplying, generating, distributing and dealing in electricity and all forms of energy and power for captive use or business purpose. Both resolutions received 99.9976% votes in favour out of a total of 29719038 votes polled, representing 49.5442% of outstanding shares.
30Jun 26
Maan Aluminium appoints Karan Bhatia as Independent Director
Maan Aluminium Limited secured shareholder approval to appoint Mr. Karan Bhatia as an Independent Director and to alter the object clause of its Memorandum of Association (MOA). The resolutions were passed via a postal ballot conducted through remote e-voting, which concluded on June 28, 2026, with over 99.99% of votes in favour.
10Jun 26
Maan Aluminium confirms no pledge of promoter shares in FY26
Maan Aluminium Ltd confirmed that shares held by its promoters and members of the promoter group remain free of any encumbrances for the financial year ended March 31, 2026. The disclosure, filed on April 7, 2026, assures stakeholders that no shares have been pledged or otherwise encumbered during this period.
05Jun 26
Maan Aluminium FY26 PAT falls 19% to ₹13 crore
Maan Aluminium reported a 19% decline in PAT to ₹13 crore for FY26, with revenue stable at ₹809 crore. Net worth increased by 54% to ₹274 crore following a preferential capital raise of ₹83 crore. Profitability was impacted by higher raw material costs, lower exports, and energy constraints. The company commissioned a new Italian extrusion line, raising capacity to 24,000 TPA, and is investing in value-added segments like tubing and anodizing. Management projects CAPEX of ₹40-50 crore for FY27 and ₹35-40 crore for FY28, targeting 75-80% capacity utilization over the next three years.
31May 26
Maan Aluminium seeks nod for director appointment and business expansion
Maan Aluminium Limited has launched a postal ballot process seeking shareholder approval for the appointment of Mr. Karan Bhatia as an Independent Director for a five-year term and the alteration of its Memorandum of Association to incorporate power generation activities. The company has set the cut-off date for shareholder eligibility as May 22, 2026, with remote e-voting available from May 30 to June 28, 2026. The results will be declared on or before June 30, 2026.
31May 26
Maan Aluminium FY26 net profit falls 16% to ₹1,302 crore
Maan Aluminium reported a 16% decline in FY26 net profit to ₹1,302 crore, with revenue at ₹80,871 crore. Q4 profit fell to ₹169 crore on revenue of ₹2,545.7 crore, with EBITDA margins contracting to 0.64%. Total equity rose to ₹2,999 crore following a preferential allotment.
21May 26
Maan Aluminium Buys Delhi Office for ₹7.24 Crore
Maan Aluminium Limited has acquired leasehold office space in New Delhi for ₹7.24 crore to expand its back office services. The property, located at Surya Kiran Building on Kasturba Gandhi Marg, offers a carpet area of 2210 sq. feet.
01May 26
Maan Aluminium Limited Confirms Non-Applicability of SEBI Large Corporate Borrowing Framework
Maan Aluminium Limited disclosed to BSE and NSE on April 30, 2026, that it does not qualify as a Large Corporate under SEBI's borrowing framework as of March 31, 2026. The company confirmed its non-applicability status under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144, which governs debt securities issuance by large corporates. Maan Aluminium holds a BBB+ (Stable) credit rating reaffirmed by ICRA Ltd. and operates from New Delhi and Madhya Pradesh locations.
13Apr 26
MAAN Aluminium Limited Submits Quarterly Compliance Certificate for Q4 FY26
MAAN Aluminium Limited filed its quarterly confirmation certificate under SEBI Regulation 74(5) for Q4 FY26 on April 13, 2026. The company's RTA, MUFG Intime India Pvt. Ltd., confirmed proper processing of dematerialization activities, including verification of securities, cancellation of certificates, and timely updates to the register of members, ensuring compliance with regulatory requirements.
04Apr 26
MAAN Aluminium Gets Credit Rating Reaffirmation from ICRA for ₹105.00 Crore Facilities
MAAN Aluminium Ltd received credit rating reaffirmation from ICRA Ltd for banking facilities totaling ₹105.00 crore. The ratings include BBB+ (Stable) for ₹55.00 crore long-term cash credit facilities and A2 for ₹50.00 crore short-term bill discounting across HDFC Bank and CITI Bank.
31Mar 26
MAAN Aluminium Appoints Karan Bhatia as Additional Independent Director
MAAN Aluminium Limited has appointed Mr. Karan Bhatia (DIN: 11633574) as Additional Non Executive Independent Director for a five-year term starting April 1, 2026. The appointment was approved by the Board on March 31, 2026, subject to shareholder approval within three months. Mr. Bhatia brings over five decades of experience in Indian film distribution, having distributed over 600 films and currently leading JB Pictures since 2019.
26Feb 26
Maan Aluminium Q3 FY26 Results: Revenue Declines to INR152 Crores Amid Strategic Transformation
Maan Aluminium Limited reported Q3 FY26 revenue of INR152 crores, down 16% year-on-year, while EBITDA grew 16% to INR7 crores. The company continues its strategic transformation from commodity extrusion to high-value aluminum solutions, with expanded capacity from 10,000 to 24,000 metric tons per annum and new contracts with Tata for 500 tons per month.
16Jan 26
MAAN Aluminium Ltd Completes Preferential Allotment of 59 Lakh Equity Shares at ₹141 Per Share
MAAN Aluminium Ltd successfully completed a preferential allotment of 59,00,000 equity shares at ₹141 per share with a premium of ₹136, involving 39 investors across promoter and non-promoter categories. The allotment demonstrates broad investor participation with Ravinder Nath Jain receiving the largest promoter allocation and Shanti Capinvest Private Limited leading non-promoter investments.
07Jan 26
Maan Aluminium Secures NSE, BSE Approval for Rs 831.9 Crore Preferential Issue
Maan Aluminium Limited has secured crucial regulatory approvals from NSE and BSE for its Rs 831.9 crore preferential issue of 59,00,000 equity shares at Rs 141 per share. The approvals come with mandatory compliance requirements including adherence to SEBI regulations and internal control strengthening, with shareholder voting scheduled for November 2025.
30Nov 25
Maan Aluminium Shareholders Approve Key Corporate Restructuring Measures
Maan Aluminium Limited's shareholders unanimously approved two special resolutions at an EGM on November 29, 2025. The resolutions include alterations to the Articles of Association and the issuance of equity shares on a preferential basis. Both resolutions received 100% votes in favor, indicating strong shareholder support for the company's strategic direction. These measures could lead to improved corporate governance and potential changes in the company's capital structure.
25Nov 25
MAAN Aluminium Reports Q2 FY26 Results, Unveils Rs. 110 Crore CAPEX Plan for Value Addition
Maan Aluminium Limited reported Q2 FY26 results with a 6.96% YoY revenue decline to Rs. 191.10 crore, but improved profitability metrics. Net profit increased 13.73% to Rs. 5.80 crore. The company announced a Rs. 110 crore CAPEX plan for value addition capabilities, including powder coating, anodizing, and machining facilities. Maan Aluminium has doubled its extrusion capacity to 24,000 tons per annum and aims to achieve 15%-18% EBITDA margins in 2-3 years. The company is focusing on high-margin sectors like defense, aerospace, and EV battery components.
13Nov 25
Maan Aluminium Sets Q2FY26 Earnings Call for November 17
Maan Aluminium Limited has announced an earnings conference call on November 17, 2025, at 4:00 PM IST to discuss Q2FY26 operational and financial performance. The call follows the board meeting to review and approve financial results for the quarter ended September 30, 2025. Key management participants include the Chairman & Managing Director, Executive Directors, CFO, and Company Secretary. Dial-in numbers for India and international access have been provided. An audio/video recording and transcript will be available on the company's website post-call.
08Nov 25
Maan Aluminium to Raise Rs 831.9 Crore Through Preferential Share Issue
Maan Aluminium Limited announces a preferential share issue of 59 lakh equity shares at Rs 141 per share, aiming to raise Rs 831.90 crore. The company will seek shareholder approval at an EGM on November 29, 2025. Funds will be used for aluminum extrusion projects (Rs 400 crore), working capital (Rs 280 crore), and general corporate purposes (Rs 151.90 crore). The issue will slightly reduce promoter shareholding from 58.87% to 55.82%. Newly issued shares will have lock-in periods of 18 months for promoters and 6 months for public allottees.
27May 25
Maan Aluminium Q4 Results: Revenue Up, Profits Down Amid Margin Pressure
Maan Aluminium Ltd's Q4 financial results show a 3.8% increase in revenue to ₹2.46 billion, but a 45.9% decrease in net profit to ₹39.40 million compared to the same period last year. EBITDA declined by 17% to ₹77.00 million, with the EBITDA margin contracting to 3.13% from 3.90%. The company faces profitability challenges despite revenue growth, indicating potential cost pressures or a competitive pricing environment.
06Mar 25
Maan Aluminium Acquires Building and Leasehold Land for 87.5 Million Rupees
Maan Aluminium Limited has acquired a property in Devas Industrial Area, Madhya Pradesh, for ₹87.5 million. The acquisition includes a building with leasehold land spanning approximately 13,117 square meters. This move is part of the company's strategy to expand its aluminium extrusion business and enhance its manufacturing capabilities.
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