Manaksia Coated Metals creditors meet to vote on JPA Snacks merger

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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

-0.0%Reaction day

₹106.00

prior close

₹106.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+1.4% vs market

Iron & Steel Products peers, median of 93sector-1.4%+1.4% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.4 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

-0.2

10m

-0.7

15m

-0.2

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0-1.4+1.4-1.4+1.4

Next day

-2.1-2.5+0.5-1.6-0.4

+2.4+0.4+2.0-0.4+2.8

+1.0+2.2-1.2+0.8+0.2

+3.1+2.7+0.3+0.4+2.7

+5.7+3.9+1.8+0.8+4.9

+9.5+5.2+4.3+0.8+8.7

15d

+8.0+6.5+1.6+0.7+7.3

+16.0+6.9+9.1+0.6+15.4

+10.4+9.1+1.2+0.8+9.6

+16.9+11.6+5.3+3.6+13.3

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 93Pending

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

AI summary

NCLT Kolkata directed a meeting of unsecured creditors of Manaksia Coated Metals & Industries Limited on June 9, 2026, to vote on the proposed Scheme of Merger with JPA Snacks Private Limited. The meeting was held via video conferencing from 11:07 a.m. to 11:32 a.m. E-voting ran from June 4 to June 8. A special resolution is needed to approve the merger. Voting results will be declared within 2 working days.

Likely market impact

Outcome of creditor vote on merger scheme pending; result due in 2 working days. Approval moves the merger closer to completion.