Manaksia Limited — JV/Acquisition, 29-07-2025: Demerger

Manaksia Limited (ML) has secured a key approval from BSE for its demerger scheme. The plan involves spinning off ML's Metal Products Business into a separate entity, Manaksia Ferro Industries Limited (MFIL). This strategic move aims to create a focused business, potentially unlocking value for investors. Final steps include awaiting similar clearance from NSE and then filing with NCLT. For shareholders, this means a new, potentially separately listed company (MFIL) focused on metal products could emerge, altering the investment landscape of their current holdings.