Latest news about Manaksia
Manaksia
58.40
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M-1.28%
6M-6.77%
1Y-16.45%
5Y-5.19%
More news about Manaksia
22Jan 26
Manaksia Limited Schedules Board Meeting on January 30, 2026 for Q3FY26 Financial Results
Manaksia Limited has scheduled its Board of Directors meeting for January 30, 2026, to review and approve Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting will cover both standalone and consolidated financial statements along with the Limited Review Report. The company's trading window, closed since January 1, 2026, will reopen 48 hours after the results announcement in compliance with SEBI insider trading regulations.
12Jan 26
Manaksia Limited Shareholders Approve Scheme of Arrangement with 99.9998% Majority
Manaksia Limited shareholders approved the Scheme of Arrangement with Manaksia Ferro Industries Limited with 99.9998% majority at a court-convened meeting on January 10, 2026. The meeting saw 106 shareholders participate virtually, with 51,127,124 votes in favour and only 90 against out of 51,127,214 total votes polled. Ms. Barsha Dikshit served as the NCLT-appointed scrutinizer for the voting process, which included both remote e-voting and meeting-day voting options.
10Jan 26
Manaksia Limited Conducts Shareholder Meeting to Approve Scheme of Arrangement
Manaksia Limited held an equity shareholders meeting on January 10, 2026, via video conference to approve a Scheme of Arrangement with Manaksia Ferro Industries Limited. The meeting, directed by NCLT Kolkata Bench, saw participation from 106 out of 35,743 eligible shareholders. Remote e-voting was conducted from January 07-09, 2026, with additional voting facilities during the meeting. The proceedings were chaired by Mr. Kuldeep Mullick, with Ms. Barsha Dikshit serving as Scrutinizer, and voting results will be disclosed separately upon completion of the scrutiny process.
07Jan 26
Manaksia Coated Metals Successfully Commissions Alu-Zinc Technology Upgrade
Manaksia Coated Metals & Industries Limited has successfully completed its strategic aluminium-zinc technology upgrade, transitioning from conventional galvanised steel to advanced Alu-Zinc coating technology. The upgrade increased production capacity by 36% from 132,000 MTPA to 180,000 MTPA, positioning the company in the premium coated steel segment with higher-margin opportunities and improved operational efficiencies.
20Nov 25
Manaksia Limited to Hold Shareholder Meeting for Metal Products Business Demerger
Manaksia Limited will convene a shareholder meeting on January 10, 2026, via video conferencing to consider the demerger of its Metal Products Business to Manaksia Ferro Industries Limited, its wholly-owned subsidiary. The demerger, approved by NCLT Kolkata Bench, aims to streamline operations. Shareholders can vote through remote e-voting from January 7-9, 2026, or during the meeting. The scheme has received no-objection from BSE and NSE, with secured creditors and Manaksia Ferro Industries Limited shareholders providing 100% consent.
28Oct 25
Manaksia Coated Metals & Industries Reports Robust Q2 Performance with 484% Surge in Net Profit
Manaksia Coated Metals & Industries Ltd has posted exceptional Q2 results with net profit soaring 484% to ₹140.20 crore from ₹24.00 crore year-over-year. Revenue increased by 25.71% to ₹220.00 crore, while EBITDA grew 139.45% to ₹26.10 crore. The company's EBITDA margin improved significantly from 6.25% to 11.84%, indicating enhanced operational efficiency and profitability.
30Jul 25
Manaksia Limited Approves Q1 FY2026 Results, Sets AGM Date, and Appoints New Secretarial Auditors
Manaksia Limited approved Q1 FY2025-26 unaudited financial results. The 41st AGM is scheduled for September 23, 2025, via video conferencing, with September 16, 2025, as the voting eligibility cut-off date. M/s. MKB & Associates appointed as new Secretarial Auditors for five years, subject to shareholder approval. The company's demerger scheme for its Metal Product business has received approvals from BSE, NSE, and SEBI, pending NCLT final approval.
29Jul 25
Manaksia Steels Reports Robust Q1 Performance with 306% Surge in Net Profit
Manaksia Steels Limited has reported strong Q1 financial results with significant growth across key metrics. Net profit soared by 306% to ₹65.00 million, while revenue increased by 31.5% to ₹2.17 billion. EBITDA jumped 144% to ₹154.00 million, with the EBITDA margin expanding from 3.79% to 7.08%. The company's performance indicates robust recovery and improved market conditions in the steel industry. Additionally, parent company Manaksia Limited received BSE approval for a proposed demerger of its Metal Products Business undertaking.
29Jul 25
Manaksia Limited Secures BSE and NSE Approvals for Metal Products Business Demerger
Manaksia Limited has received 'No adverse observation/No objection' letters from BSE and NSE for its proposed demerger of Metal Products Business to Manaksia Ferro Industries Limited (MFIL). The approvals come with conditions including disclosure requirements and compliance with SEBI circulars. The observation letters are valid for six months, and MFIL's listing will be subject to SEBI approval. Next steps include filing with NCLT Kolkata and preparing for MFIL's listing.
26Mar 25
Manaksia Limited Unveils Strategic Demerger Plan with Manaksia Ferro Industries
Manaksia Limited's Board has approved a scheme to demerge its Metal Products Business into Manaksia Ferro Industries Limited (MFIL). The demerger involves transferring operations, including those of subsidiary Mark Steels Limited, to MFIL. Shareholders will receive 1 MFIL share for each Manaksia Limited share. The demerged undertaking represents 99.41% of standalone and 46.96% of consolidated turnover for FY 2024. This move aims to enhance business focus, unlock shareholder value, improve capital access, and boost operational efficiency. The scheme awaits regulatory approvals, with MFIL shares to be listed on BSE and NSE post-demerger.
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