Manaksia Limited — Important, 31-07-2025: Updates

Manaksia Ltd's Board has approved the financial results for the quarter. A major strategic development is the progressing demerger of its Metal Product business into a wholly-owned subsidiary, Manaksia Ferro Industries Ltd. This scheme has secured approvals from exchanges and SEBI and now awaits National Company Law Tribunal (NCLT) approval, aiming to streamline business operations. The company announced its 41st Annual General Meeting will be held in September, and new Secretarial Auditors have been appointed. Consolidated Profit after Tax for the quarter stood at ₹14.40 Cr.