MANAKALUCONSEManaksia Aluminium Company LimitedLowNeutral
Announced Tue, 28 Apr · 22:15 IST

Corrigendum: Non-applicability of SEBI Large Corporate Framework

MANAKALUCO · price

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Price reaction · full curve 14 horizons · vs prior close
-4.3%1-day move
₹38.69
prior close
₹39.48
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.8-1.2-0.6-4.3-8.5-7.4-6.9-7.5-7.0-12.3-7.0-7.0
Up moveDown movePending
AI summary

Manaksia Aluminium is withdrawing an earlier disclosure about the SEBI Large Corporate Framework, submitted in error due to an administrative oversight. The company confirms it does not qualify as a Large Corporate under SEBI's criteria. As of 31 March 2026, outstanding borrowings stood at Rs 89.09 crore, and it holds a BBB+ (Stable) credit rating from Infomerics. The company has committed to greater care in future regulatory filings.

Likely market impact

Routine correction of a prior filing; confirms the company is not classified as a Large Corporate. No material impact on shareholders or stock expected.