MANAKALUCONSEManaksia Aluminium Company LimitedMediumNeutral
Announced Fri, 8 Aug · 17:26 IST

Manaksia Aluminium Company Limited has informed the Exchange regarding Appointment of Mr ANIRUDHA AGRAWAL as Executive Director of the company w.e.f. November 07, 2025.

Management Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Manaksia Aluminium reported strong Q1 FY26 (quarter ended June 30, 2025) results, with revenue from operations jumping to Rs. 13,441.44 lacs from Rs. 8,171.69 lacs in the same quarter last year, a growth of roughly 64%. Net profit more than doubled to Rs. 155.77 lacs (vs Rs. 71.29 lacs in Q1 FY25), translating to a basic EPS of Rs. 0.24. The board approved a final dividend of Rs. 0.07 per share (7%) for FY25, subject to shareholder approval at the AGM on September 16, 2025. It also re-appointed Mr. Anirudha Agrawal as Whole-time Director for 3 years from November 7, 2025, and Mr. Shuvendu Sekhar Mohanty as Independent Director for a second 5-year term from October 1, 2025. Mr. Asit Kumar Labh was appointed as Secretarial Auditor for FY26–FY30. The company also noted two newly incorporated subsidiaries (one in Delaware, USA and one in Dubai, UAE) that are yet to start operations.

Likely market impact

Strong Q1 performance with revenue up ~64% and profit doubling year-on-year, along with a dividend declaration, is positive for shareholders and likely to be viewed favorably by the market. Director re-appointments suggest continuity in leadership.