Announced Tue, 14 Jul · 16:43 IST
Q1 FY27 results approved; MD re-appointed; AGM on 3 Sept 2026
MANAKCOAT · price
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Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹128.50
prior close
₹127.00
base price
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AI summary
Board approved Q1 FY27 unaudited results (standalone revenue Rs 262.14 cr vs Rs 249.78 cr YoY; PAT Rs 14.16 cr vs Rs 14.10 cr). Re-appointed Sushil Kumar Agrawal as MD and Karan Agrawal as Whole-time Director for 3 years each. 16th AGM scheduled for 3 September 2026 via video conferencing. Cut-off date for e-voting and dividend set as 27 August 2026. Also approved appointment of Devansh Agrawal as VP Business Development at Rs 8 lakh per month, subject to shareholder approval.
Likely market impact
Routine board outcomes. Q1 results show steady but flat growth. Director re-appointments and AGM date confirm governance continuity.