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MANAKCOATNSEManaksia Coated Metals & Industries Limited· Industrial ProductsHighNeutral
Announced Thu, 25 Jun, 2026 · 16:33 IST

Shareholders approve merger of JPA Snacks into Manaksia Coated Metals

Scheme filed with the NCLTListed-company acquisitionStrategic Transactions View source PDFExplain this filing

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
+3.5%Reaction day
₹105.35
prior close
₹104.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+3.7% vs market
Iron & Steel Products peers, median of 98sector-0.1%+3.6% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 3.6 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
5m
+3.2
10m
+1.2
15m
+1.5
30m
+1.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+3.5-0.3+3.7-0.1+3.6
Next day
+8.2+0.8+7.5-0.3+8.5
2d
+7.3+0.9+6.4-0.7+8.0
3d
+8.7+1.8+6.9-0.1+8.8
4d
+10.7+1.5+9.3-0.2+10.9
5d
+12.5+1.7+10.8-0.1+12.6
1w
+12.0-1.1+13.1-2.0+14.0
15d
+22.4+1.0+21.4-1.8+24.3
1m
+17.6+0.4+17.2-3.9+21.5
2m
+15.8+6.4+9.5-0.4+16.2
3m
+21.2+5.5+15.7-2.5+23.7
UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 98Pending

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

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.