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Manaksia Coated Metals & Industries Ltd ( (IN:MANAKCOAT) ) has issued an update.
Manaksia Coated Metals & Industries Ltd announced its unaudited financial results for the quarter and half-year ending September 30, 2025, during a board meeting held on October 27, 2025. The company also approved a proposal to raise funds through the issuance of securities and decided to increase its authorized share capital from Rs. 12.5 crores to Rs. 16 crores. These strategic moves are aimed at enhancing the company’s financial flexibility and supporting future growth initiatives. Additionally, the company plans to conduct a postal ballot to seek shareholder approval for necessary resolutions, with M/s. S.S. Reddy & Associates appointed as scrutinizers for the process.
More about Manaksia Coated Metals & Industries Ltd
Manaksia Coated Metals & Industries Ltd operates in the coated metals industry, focusing on the production and distribution of coated metal products. The company is positioned in the market to cater to various industrial and commercial applications, providing a range of metal products that meet diverse customer needs.
Average Trading Volume: 117,501
Technical Sentiment Signal: Buy
Current Market Cap: 14.41B INR
For detailed information about MANAKCOAT stock, go to TipRanks’ Stock Analysis page.