Manaksia Coated Metals & Industries Limited has informed the Exchange about Forfeiture. by August 04, 2026)…

The Board of Directors of Manaksia Coated Metals & Industries Limited has approved the lapse of 20,00,000 Share Warrants issued to AIO Growth Capital Fund SPC due to the failure to remit the remaining subscription amount within the stipulated period. The application money of ₹3,25,00,000 received at the time of subscription has been forfeited. This lapse and forfeiture will not affect the company's issued, subscribed, and paid-up equity share capital, as no equity shares…

Shares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.

• Who the allottees are
• Issue price versus market price
• Lock-in period on the new shares
• we are quite confident of having this kind of order book continuously going forward for the rest of the year a (management committed by FY27)
• Yes, you're right. Second color coating line is due to be commissioned in Q2 of FY27, which is sometime very s (management committed by Q2 FY27)