Announced Wed, 10 Jun · 18:46 IST

Manaksia Coated Metals & Industries Limited has submitted the Exchange a copy Srutinizers report of Court Convened General Meeting held on Jun 09, 2026. Further, the company has informed the Exchange regarding voting results.

Nclt Scheme FiledStrategic Transactions View source PDF

MANAKCOAT · price

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Price reaction · full curve 14 horizons · vs prior close
+2.4%1-day move
₹105.99
prior close
₹104.38
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After-mkt
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AI summary

Manaksia Coated Metals & Industries Limited has submitted the Scrutinizer's Report and voting results of a Court Convened General Meeting (CCGM) held on June 9, 2026 to the stock exchange. A Court Convened Meeting is typically directed by the NCLT in connection with a scheme of arrangement, such as a merger, demerger, or restructuring. The company has shared the outcome of the shareholder vote conducted at this meeting, though the detailed resolution-wise voting breakdown is not provided in this filing.

Likely market impact

The voting outcome of a Court Convened Meeting is a key procedural milestone for any NCLT-approved scheme. Shareholders should review the detailed voting results to understand whether the proposed scheme has secured the required majority, as this will determine the next steps in the restructuring process.