Manaksia Coated Metals & Industries Limited has informed the Exchange regarding allotment of 5790000 securities pursuant to Preferential Issue at its meeting held on May 19, 2025

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

-0.9%Reaction day

₹89.90

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+0.1% vs market

Iron & Steel Products peers, median of 91sector-0.7%-0.2% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.2 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-0.9-1.1+0.1-0.7-0.2

Next day

+0.1-0.3+0.4-0.5+0.6

+4.4-0.4+4.8-1.0+5.4

+9.6+0.3+9.3-0.6+10.2

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+18.9+1.4+17.5-0.8+19.7

15d

+39.0+4.7+34.3+1.8+37.2

+43.2+0.7+42.5+1.5+41.6

+58.5+6.4+52.1+3.4+55.2

+68.0+2.7+65.3-1.0+69.0

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 91Pending

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

AI summary

Manaksia Coated Metals & Industries has informed the stock exchange that 57,90,000 (5.79 million) securities have been allotted under a Preferential Issue. The allotment was approved at a meeting of the board or its committee held on May 19, 2025. The filing does not disclose the issue price, names of allottees, or the purpose of the fundraising. A preferential issue involves direct allotment of shares or convertible securities to selected investors rather than a public offering.

Likely market impact

This will lead to dilution of existing shareholders' holdings, though the exact impact depends on the issue price and the size of the company's existing equity base, which are not given in this filing. Investors should watch for the next disclosure with issue price, allottees, and end-use of funds.