Shareholders approve merger of JPA Snacks into Manaksia Coated Metals

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF

MANAKCOAT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+8.2%1-day move

₹105.35

prior close

₹104.00

base price

After-mkt

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+3.2+1.2+1.5—+8.2+7.3+8.7+10.7+12.5+12.0+22.4———

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AI summary

Equity shareholders of Manaksia Coated Metals and Industries approved the Scheme of Amalgamation with JPA Snacks Private Limited (Transferor) in a meeting on 8 June 2026. 64 shareholders (91.43 percent) holding 99.99 percent of voting value voted in favor, while 6 shareholders (8.57 percent) voted against. The scheme now awaits NCLT sanction.

Likely market impact

If NCLT approves, JPA Snacks will merge into Manaksia, potentially expanding its business. Awaiting final tribunal order.