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Note: These are AI-generated, educational summaries of public NSE
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42 announcements match the current filters (relevance ≥ 5).
Manaksia Coated Expands CGL Capacity by 36% to 180,000 MT with Alu-Zinc Tech Upgrade
Manaksia Coated Metals & Industries is upgrading its Continuous Galvanizing Line to Aluminium-Zinc coating technology, which commands premium pricing compared to traditional galvanizing. The project includes a significant 36% capacity expansion, increasing from 132,000 MT to 180,000 MT per annum. A planned shutdown is currently underway in December 2025, with production expected to stabilize by January 2026. This strategic move is designed to improve EBITDA margins through a higher-value product mix and enhanced operating efficiency.
Key Highlights
Capacity expansion of 36%, increasing total installed capacity from 132,000 MT to 180,000 MT per annum
Technology upgrade to Aluminium-Zinc coating for superior corrosion performance and premium market pricing
Production of the upgraded Alu-Zinc coated steel is expected to stabilize starting January 2026
The upgrade aims to reduce coating costs per metric tonne and improve overall energy efficiency
Company reported H1 FY26 Total Income of ₹477.62 Cr and Net Profit of ₹27.97 Cr
👀 What to Watch
Investors should monitor the production ramp-up in Q4 FY26 to ensure the transition to Alu-Zinc products translates into the expected margin expansion. The 36% capacity boost provides a clear runway for volume-led growth in the upcoming fiscal year.
MANAKCOAT Board approves fund raising up to ₹350 Cr, increases authorized capital
Manaksia Coated Metals & Industries Limited's board approved raising funds up to ₹350 Crores through issuance of securities. The company also approved increasing the authorized share capital from ₹12.50 Crores to ₹16.00 Crores. Unaudited financial results for the quarter ended September 30, 2025, show a standalone net profit of ₹1,402.38 Lacs compared to ₹242.68 Lacs in the same quarter last year. The board has proposed resolutions via postal ballot and appointed M/s. S.S. Reddy & Associates as scrutinizers.
Key Highlights
Approved raising funds up to ₹350 Crores.
Increased authorized share capital to ₹16.00 Crores from ₹12.50 Crores.
Standalone net profit for the quarter ended September 30, 2025, is ₹1,402.38 Lacs.
Proposed resolutions via postal ballot.
Appointed M/s. S.S. Reddy & Associates as Scrutinisers to the Postal Ballot.
👀 What to Watch
Investors should review the details of the fund raising and postal ballot resolutions as they become available. Monitor the company's progress on increasing authorized capital and its impact on shareholder value.