Unsecured Creditors Approve JPA Snacks Amalgamation into Manaksia Coated Metals

Listed Co AcquisitionNclt Scheme FiledStrategic 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

Unsecured creditors of Manaksia Coated Metals approved the amalgamation scheme with JPA Snacks Private Limited at an NCLT-directed meeting on 9 June 2026. 16 creditors voted in favor, representing 94% by count and 97.57% by value (about Rs 144.35 crore). None voted against. The scheme now goes to NCLT Kolkata for final sanction.

Likely market impact

Progress on JPA Snacks amalgamation. Awaiting NCLT final order and share swap ratio announcement for shareholders.