Secured creditors meeting held for JPA Snacks merger scheme approval

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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

Manaksia Coated Metals held its secured creditors meeting on June 9, 2026, via video conferencing, as directed by NCLT Kolkata Bench (order dated April 24, 2026). The meeting considered a proposed Scheme of Merger between Manaksia Coated and Metals Industries Limited and JPA Snacks Private Limited. E-voting ran from June 4 to June 8, 2026. Voting results to be declared within 2 working days.

Likely market impact

Merger with JPA Snacks is under NCLT review. Pending creditor vote outcome will decide next step in the restructuring.