Manaksia Coated Metals & Industries Limited — Others, 22-07-2025: Shareholders meeting

Manaksia Coated Metals & Industries' board has approved its quarterly financial results. The company has announced a board meeting for its 15th Annual General Meeting, to be held virtually, with cut-off dates set for shareholder voting and dividend eligibility. New internal and secretarial auditors were approved. A key strategic move is the merger of JPA Snacks Private Limited, a wholly-owned subsidiary with minimal operations, into Manaksia. This aims to streamline the group, enhance administration, and reduce costs. Manaksia reported net assets of approximately 222.62 Cr and revenue of 781.63 Cr. This merger will not alter Manaksia's shareholding, signalling a leaner corporate structure.