Creditors meeting approves merger with JPA Snacks

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MANAKCOAT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹114.50

prior close

₹115.56

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+2.2% vs market

Iron & Steel Products peers, median of 101sector+0.0%+1.9% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 1.9 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.9

15m

+1.9

30m

+3.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9-0.3+2.2+0.0+1.9

Next day

+3.5-0.1+3.6-0.2+3.7

+4.8-0.8+5.6-0.8+5.7

+3.1-2.8+5.9-2.3+5.4

+5.4-1.0+6.4-1.1+6.5

+7.4+0.4+7.0-0.4+7.8

+12.2-0.5+12.7-1.3+13.5

15d

+10.0-1.9+11.8-3.1+13.1

+4.8+0.4+4.4-2.9+7.8

+5.2+3.5+1.7+0.7+4.6

+10.0+2.0+8.0-2.2+12.2

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 101Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Secured creditors meeting held on June 9, 2026 under NCLT order approved the Scheme of Merger between JPA Snacks Private Limited and Manaksia Coated Metals & Industries Limited. Resolution passed with 100 percent votes in favor. All 4 secured creditors participated through video conferencing. Public institutions holding 3.02 crore shares voted entirely in favor with no votes against.

Likely market impact

Creditor approval is a key milestone for the JPA Snacks merger. Scheme still needs final NCLT sanction before becoming effective.