Manaksia Limited has informed the Exchange that Record date for the purpose of Meeting is 16-Sep-2025.
MANAKSIA · price
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Awaiting price reaction for this filing.
Manaksia Limited's board, which met on July 30, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) for both standalone and consolidated bases. On a standalone basis, revenue jumped to Rs. 3,122.48 lakhs from Rs. 1,244.01 lakhs a year ago, and the company swung to a profit after tax of Rs. 282.81 lakhs compared to a loss of Rs. 100.39 lakhs in Q1 FY25. On a consolidated basis, revenue grew to Rs. 10,512.61 lakhs (from Rs. 9,366.93 lakhs) with a profit after tax of Rs. 2,775.68 lakhs versus Rs. 2,159.98 lakhs in the year-ago quarter. The board fixed September 16, 2025 as the cut-off date for e-voting eligibility, and the 41st Annual General Meeting will be held on September 23, 2025 at 12:30 PM via video conferencing. M/s. MKB & Associates was appointed as Secretarial Auditor for five years (FY2025-26 to FY2029-30), subject to shareholder approval. The filing also references the ongoing demerger of the Metal Product business into wholly-owned subsidiary Manaksia Ferro Industries Limited, which has received BSE, NSE, and SEBI approvals and now awaits NCLT clearance.
Investors get a clear turnaround signal at the standalone level with a return to profitability and sharp revenue growth, while consolidated earnings remained healthy. The confirmed AGM date and demerger progress (now with NCLT) are key near-term catalysts for shareholders to track.