ALPHA TRIBE

Manaksia Coated Metals & Industries LimitedDividend/Bonus, 02-12-2024: Record Date

02-12-2024 | 07:05 pm

Manaksia Coated Metals & Industries Ltd. has announced a board meeting focused on raising funds by issuing up to 2.07 crore (36,00,000) fully convertible warrants to promote growth and enhance financial resources. These warrants will be allotted on a preferential basis, priced at ₹65 each, aggregating ₹23.4 crore from promoters and ₹111.15 crore from the non-promoter public category through valid allotments within specified timelines. An Extraordinary General Meeting is scheduled for December 26, 2024, to approve these actions, with a cut-off date for remote e-voting set for December 19, 2024.

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