Manaksia Coated Metals & Industries Limited — Board Meeting, 22-07-2025: Outcome of Board Meeting

Manaksia Coated Metals & Industries' board has announced a meeting outcome. The company approved the financial results for the quarter and is set to hold its 15th Annual General Meeting (AGM) on September 16. A cut-off date of September 9 has been set for remote e-voting and for determining eligibility for the final dividend, if approved by shareholders.

A major strategic move is the approval of the merger scheme for JPA Snacks Private Limited, a wholly-owned subsidiary. This aims to simplify the group structure and reduce costs. As of March 31, MCMIL had net assets of ₹222.62 Cr and revenue of ₹781.63 Cr. New internal and secretarial auditors were also appointed.