Please find enclosed herewith the Press Release titled "Manoj Ceramics Expands Export Footprint with Key International Alliances ".
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Manoj Ceramics (MCPL) has appointed regional business ambassadors across African markets (Burundi, Sudan, Senegal, Angola) to grow exports and secure high-volume project orders. In December 2024, the company signed an exclusive tile supply partnership with the Government of Burundi, endorsed by the country's Minister and Ambassador. In February 2025, it expanded into Sudan and Senegal through local channel partnerships focused on housing, construction and modern interior demand. MCPL also secured a major school infrastructure tile project in Angola and plans to launch a display centre in Dubai to serve the Middle East. Management says the strategy targets recurring supply contracts, margin improvement and sovereign-level relationships rather than just volume.
For shareholders, this signals a clear export-led growth push into emerging African markets, which could diversify revenue and improve margins through institutional and government supply contracts. However, the addressable markets cited are small in aggregate (under $5M combined in 2025), so material revenue impact may take time to show up in financials.