Manaksia Coated Metals & Industries Limited — Others, 15-05-2025: Monitoring Agency Report

The company has announced a board meeting to consider the financial results for the quarter and half-year. The monitoring agency reviewed the project cost at ₹134.55 crore, confirming no changes or extra funding are needed. Fund utilization is at ₹58.99 crore from ₹75.57 crore received, with no unutilized funds as of the quarter-end. Although some project delays were noted, the Board outlined reasons and corrective steps to maintain progress. Both the Board and auditors affirmed the financial and operational status, ensuring transparency for stakeholders.